Stock has indicated a clear breakout on weekly charts, even if it consolidated on these levels buying will still be intact, just chip in with the mentioned stop-loss for a comfortably profitable long position.
ONGC can be entered between 67.45 and 68.50. The stop loss is bare minimum, and the profit range is pretty high. We can see the targets being achieved in a month or two. It is a positional trade. The long term strategy traders can go further beyond the targets.
Buy on dips at following entry prices:
Entry: 68.50, 68, 67.50
Ontology is about to breakout from triangle.
lets see in which direction it breakouts.
Keep it in your watchlist.
Invest at your own risk as it seems good profit from here but market manipulation can do opposite things as well so if you enter then do by using stop loss as well and invest only what you can afford to hold/loose for long in crypto.
Symmetric Triangle + Channel Breakout in the hourly charts of Asian Paints...
Targets are 1165/1175/1190
SL : 1150
Note: Do your own study before making any position...
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