PrakWorld_Traders

ONGC - Trend reversal

Long
NSE:ONGC   OIL & NATURAL GAS
ONGC seems to have a reversal bull candle from the bottom of the triangle pattern, so give an entry with appropriate Stop loss

🔴DISCLAIMER

***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******

Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)

After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.