#ONGC NSE: ONGC CMP 117.60 Target 130+ Time frame < 2 months Factors: Petroleum sector booming Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Fundamental are strong. Risk Return Ratio is...
Analysis of US oil in 30 mins time frame Breakout initiated, retesting took place for LONG Self explanatory chart For educational purpose. Feel free to share your views Trade at your own risk Like & share as a token of appreciation
As we can this stock break its 5 Years All time High and there is some news in this stock regarding Bonus,Splits,Dividend company Giving to there share holders and we can see targets of 13000++ in coming week. Buy for Quick Target of 10500...then 13000..
Entry – CMP ie 135 (Breakout was 134.9) Stop loss – 129 or 114 (Deep Stop) (135. 05 if Price Runs up above 152.5) Target 1 - 177 Target 2 – 194.2 Target 3 – 220.25 Duration - 3 - 5 years Co has well established network of Engine Oil and Good Brand Value Products in this segment. Fundamentals are decent with dividend yield of 2.2%. Co has been Debt Free for...
Crude levels ...31/05/2021 (1Hr candle)😊
Ascending triangle kind of pattern is emerging with higher lows former on the lower end of slope. It gives strong support to idea that once it gives close above swing high resistance then next level could be 5700+. All EMAs are rising. Swing low will be the sl or close below the lower end of slope will be exit point. Disc : it's not an investment advice to buy or sell
A decisive break in of US OIL of 67 level can resume the uptrend. Gonna blast above that!
CRUDE levels ...24/05/2021 (1Hr candle)
Crude has breached daily pivot and now heading lower. Opened gap up and now ready to fill the gap and go down. Keep a SL above today’s high.
As you can see Crude oil in uptrend, if not break 4840 in forthcoming sessions, it may fall till 4586 to complete ABCD pattern and can get a reversal PRZ there in coming week. It is just for a view
Execute Short below 4850 if the RSI and price breaks the trendline downside with 15 mins candle close for a target of 65 points minimum. Kindly share your valuable feedback. Disclaimer: Please do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
Sell Crude Oil Below 4680 Strict SL - 4841 Target - 4550/4222/3800