padiyaraa
Long

ONGC:160 A Bullish Harami at Double bottom support.Res:₹170

NSE:ONGC   OIL & NATURAL GAS
479 9 25
ONGC:₹160 A Harami cross & a Bullish Harami at Double bottom support.
Res:₹170_₹178 & ₹190 Stop:₹156

Definitely an undervalued stock. Board approved the Acquisition plan of HPCL.
The last quarter numbers were slightly less both sales & profit.
Comment: ONGC at RSI support, price can move any time now
Comment: yesss
Comment: ONGC Reached its first resistance, the next res: is at 178
Comment: Dark Cloud cover at resistance level, shows the difficulty in moving higher.
Trade active:
Comment: welcomes you all
It took a lot of time, still holding, let it roll :-)
Reply
Need more patience..? waiting for several day for bullish move
Reply
padiyaraa kamuthi
@kamuthi, True.the killing patience! :D
+1 Reply
kamuthi padiyaraa
@padiyaraa, Booked profit at 167 :)
Reply
padiyaraa kamuthi
@kamuthi, ONGC at RSI support, price can move any time now.

Reply
kamuthi padiyaraa
@padiyaraa, Moving up..! :)
Reply
padiyaraa kamuthi
@kamuthi, thanks
Reply
Good sign of bullish as slow stochastic cross up 20.
Reply
padiyaraa BellMorgan
@BellMorgan, thanks
Reply
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