AbhishekHSinghCMT

ONGC - The Next Portfolio Stock Pick @ 60

NSE:ONGC   OIL & NATURAL GAS
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy


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Plan A (Short Term Trading) -

Selling Strictly Below 82-83 Zone for Downside Target - 75/72 / Below 70 for 60 levels

Plan B (Long term Trading) -

Portfolio Stock Pick if holds strictly between 55-60 zone/watch 72-75 zone also as picking zone for targets 200+ / 300 + in months & years ahead.

No Trading if falls below 55 levels ------------------------------The Danger Level-------------------------

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TradingView Profile Page to check previous ideas

https://in.tradingview.com/u/AbhishekHSi...

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Thanks for your precious time & have a lovely Sunday & lovely week ahead.
Trade active: 08:46 Hrs / 8th June 2020

Stock - Reliance

Last Price - 1581 ( Last Closing)

I would not suggest anything in this stock -Reliance apart from telling one thing - be careful at these levels of 1600 Highs
It is all rosy picture with an everyday investment which might take you away from reality.
If at all fall starts -it would slip first to 1390-1400/ Below 1390 -Next for 870-880
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - India
http://in.tradingview.com
| LinkedIn

Comments

Great analysis for ONGC,.
+2 Reply
Thanks sir for such a wonderful analysis.
+1 Reply
Nice Analysis. Thank you Abhishek Ji :-) You always give a clear explanation. im looking for a long term view on this stock
+1 Reply
Good analysis sir. Thank u
Reply
I HAVE SEEN JUST TWO ANALYSIS OF YOU AND I HAVE BECOME FAN OF YOUR ANALYSIS...GREAT GOING ALL THE BEST
Reply
Seriously becaoming a Fan for yours. Such Educative videos and what a coincedence that i started learning Elliot Waves and your Videos helping me a lot :)
Reply
Nicely explained, thanks
Reply
@Puneet2020, Welcome
Reply
Hi Abhishek

For long term investment which price is better.
Reply
@SiegeR_SR, I have mentioned Plan -B for long term above.
Reply
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