ONGC
#ABAN FLAG RETEST #BREAKOUT #STOCKMARKET #R:R>3 #IT #TECH #NIFTY#ABAN
NSE:ABAN
CMP: 31.30
Target: 50++
Stop Loss: 26
Time Frame: less than 2 months.
Might hold above 50.
Factors:
Rising Volume with rising Prices.
Channel Median breakout.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher High & Higher Low.
Broken above resistance.
Trading at support.
Fundamentals are strong.
Risk Return Ratio is healthy.
And
Bullish Wedge Formed.
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With 💚 from Rachit Sethia
ONGC - CMP: 108 Ready yo break consolidation ZoneAccumulation is going on since many days, And It is now ready to break the price range. Stock is moving in a channel and has taken lower trend line support. Increasing in delivery volume also indicated positive movement ahead. RSI also moved from the oversold zone. We can expect price movement till 123 in the near term.
ONGCNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Energy has exhausted its energy to sustain in Market.With the help of parallel channel and flag pattern, Nifty Energy is clearly showing downfall which will lead to shares likes Reliance Industries, ONGC, HPCL, Gail etc will also show weakness in the coming days. Traders can look for some shorting opportunities in these shares. This analysis is also supported by the ongoing news of diverting oxygen from industries to the NSE:RELIANCE medical health care system. NSE:ONGC NSE:GAIL
ONGC 15MINNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
#SUPPETRO #OIL #BANKNIFTY #NIFTY #TRADING #COVID19 #RELIANCE #IT#SUPPETRO
CMP: 459.25
Target: 577++
NSE:SUPPETRO
Can hold after the target!
Strongly bullish.
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Might blast to more than 577++
Super Bullish on this stock.
From Rachit Sethia with 💚
ONGCNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading