subashg07

Weekend Analysis - Short term Breakout Stock

Long
subashg07 Updated   
NSE:ONGC   OIL & NATURAL GAS
ONGC


  • Hello Traders,
    ONGC looks good for a long breakout, Add it in your watchlist
    Short term
    - Wait for the gap to be filled
    - Buy below at 113
    - Stock will be in a range zone for next 3 - 4 sessions
    - Target 5 to 7 percentage
    Long term
    -Wait for the long term breakout - Check the monthly breakout trend line from 2018
    - Buy and hold If the trend line is broken and retested
    - Target 142

Trade closed: target reached:
Both short term and long term target reached

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