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Abhishek_TradersSin
Feb 13, 2021 11:35 AM

ONGC is all set to go down from these levels. Short

NSE:ONGC60
OIL & NATURAL GASNSE

Description

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Check the levels marked in the chart for a perfect entry, ask if you have any doubts in comments.
Trend AnalysisChart PatternsTechnical IndicatorsONGCongcshort
Comments
segan_the_learner
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Hi,
Thanks for the post. But I would like to know on what basis the trendline is drawn as it doesn't touch the swing lows.
Abhishek_TradersSin
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@segan_the_learner, please scroll the chart a little left and you will see the swing lows
segan_the_learner
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@Abhishek_TradersSin, Sure. Thanks.
aniruddhkrishana
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Ongc announced dividend.holding 3 lot fut From 99.5. what do you suggest now?
Abhishek_TradersSin
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@aniruddhkrishana, whenever any company announces a dividend specially PSU , I look for shorts. Anyway in your case I would have exited with a 1%-2% profit but it depends on your risk appetite. Ideal time to exit acc to me
.
FaizalKV
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@aniruddhkrishana, Hope you didnt booked loss.

This should go up. just watch out on crude price
aniruddhkrishana
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@FaizalKV, No booked a good profit today ✌️
Abhishek_TradersSin
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@aniruddhkrishana, Good one
FaizalKV
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@aniruddhkrishana, Good
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