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raj_rishav
Jul 2, 2020 2:26 PM

ONGC: Conditional Ideas 

OIL & NATURAL GASNSE

Description


Short below 81 for targets of 79 with SL at 82
Long above 82 for 84 with SL at 81

Follow ORB on 15 min candle to establish trend.

Trade active

Gap Up opening, Sell Triggered at 82.25 following 5 min ORB

Comment

T1 - 81
T2 - 79 (trailing SL after 81)
SL 84

Trade closed manually

82.5. Its a bullish market.
Comments
gaurav.v1208
I suggest buy with sl of 77.5 and tgt of 88 92 100
raj_rishav
@Gaurav.v1208, if you are looking to hold and long term - Just go long on slightly OTM Call options - with SL adjusted for 76-77 levels. Buy around 78-80 levels
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