mdhaamu
Long

Inverted H&S - ONGC

BSE:ONGC   OIL AND NATURAL GAS CORPORATIO
269 views
9
269 8
ONGC - One can go long for the target of 165 & 168. SL- 160.
Interestingly It had bounced from textbook level of 61.8% fib level on daily charts .
Trade active
Comment: Target 1 done
Trade closed: stop reached: Oil prices impacted big dent in ONGC movement. Can exist now.
it will retest and take off
I have same view , still not bought waiting for price to make Near 159
Regards
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mdhaamu shiv2798
@shiv2798, 157-160 No harmful for long entry. thanks Bro
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please Check. Generally In Inverted H&S pattern, Shoulder always Above HEAD. here Left Shoulder @ 155.30 & HEAD @ 156.
I had Published in another aspect.Agreed Choice, But not the Pattern you mentioned.


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mdhaamu DSKF16
@DSKF16, Nice.
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@mdhaamu Any time frame ?
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mdhaamu clubguy
@clubguy, Positional Bro. Pl avoid options
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clubguy mdhaamu
@mdhaamu, Thank You!!
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Thanks,
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