bhagat109

Double bottom in ONGC

Long
bhagat109 Updated   
NSE:ONGC   OIL & NATURAL GAS
Has given a breakout from a double bottom pattern.
Breakout day had high volumes..confirming the breakout.
One can keep averaging till 95.
Good for swing trade as this script doesn't make fast moves.
Target1: 115
Target 2: 125
SL: 93
Trade closed: stop reached
Comment:
Perfect time to Re-Enter, as it has crossed above the blue line. Our previous stop.
Comment:
Breakout in 15 min candle. HOLD
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