segan_the_learner

ONGC - Short term trading ideas

segan_the_learner Updated   
NSE:ONGC   OIL & NATURAL GAS
Rejections at 1,3 and 5 from the long term trendline. Made a lower high at 5.
Short below 95
Target 1 - 88
Target 2 - 82
Stop loss - 100

Go long above 108
Target 1 - 115
Target 2 - 122
Stop loss - 103

Note: My view is only for educational purpose. Kindly like and provide your support. Thank you!
Comment:
Feedbacks are welcome
Trade closed: target reached:
Both targets are reached on the upside

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