Buy Only when it breaks and closes above 71.10 on 5 min time frame SL 69.80 Targets 72.40/73.80/75.20
Sell Only when it breaks and closes below 69.80 on 5 min time frame sl 71.10 Targets 68.50/67.20/65.80
This call is only for educational purpose. Consult your financial adviser before taking any positions.
!!PAIR TRADE PETRONET-VS-ONGC!!
EXECUTE THE FOLLOWING
!!EXECUTE BOTH TRADES!!
!!HOLD FOR GAINS!!
!!FOLLOW UP-FOR UPDATE!!
Here we see price be the alligator's mouth.
Awesome Oscillator also below 0 and forming continuous red signals.
Also Nifty showing sell signals, and Nifty Energy also in a downward trend.
Therefore, a good shorting opportunity.
Placing the sell order 1 tick below the last fractal low i.e 126,
hence keeping the trigger at 126 with 125.95 as the price.
Key Levels for ONGC are : t.me - JOIN TELEGRAM CHANNEL
First Target~ 132
Lower Breakout~ 129.20
Final Support~ 125.10
Please trade with caution and consult your financial adviser before trading. You can also...