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ONGC

ONGC go long Hi guys this is Trader Kanishk ONGC Analysis Points discussed in the video: Why to go long has it taken support trend line breakout new support levels new targets new stop loss levels entry levels for sharp entry and many more. Please Watch the entire video and GO for It DISCLAIMER Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position. One more very important thing Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
NSE:ONGCLong
by thisiskanisk
2
ONGC to trade sidewaysHi Traders! Hope you are doing well in markets. My trading strategies might help you to increase returns on investments. My strategy prioritizes safety over exponential profits. This stock being low in value will give profit or loss on high volume trading. So those who pay high brokerages should either trade in higher volumes to cover brokerages out of their profits. Calculate your cost of trades to find out the break even below placing orders. There are a few scenarios and place your order according to the scenario that you observe in market tomorrow. Current close: 82.40, ---------------------------------------------------------------------Intraday Traders-------------------------------------------------------------------------------------------- Scenario 1:- Market opens between 81.70 and 82.40. Strategy: Trade only after first 5 minutes. Short Selling If price breaches 81.70 then wait for a fall and sell @81.45, Target 80.35-78.75, SL@ 82.20 Buy/Positions If price touches 81.70 and pulls up back then buy @82.00, Target 83.20-84.60, SL@ 81.70 Scenario 2:- Market opens at or below 81.70. Strategy: Follow Short Selling strategy (Case 1) of Scenario 1. Scenario 3:- Market opens at or above 82.40 but below 82.90 Strategy: Buy @82.40-82.75, Target of 84.60, SL@ 81.70. If price struggles to cross 83.50 by 1p.m then sqaure off your positions at 83.35-40-45-50. ---------------------------------------------------------------------Intraday Traders-------------------------------------------------------------------------------------------- For positional traders, The ONGC is expected to trade sideays for a few days. Folowing is your entry point and short term targets for this stock. Scenario 1: Trigger Price: 80, Buy Price: 80.40, Target: 82.40, - 84.60, - 86.10, - 92.25, Highest Target duration: end of next week. Scenario 2: Stock doesn't correct: Buy Price@ 82.00-83.00, SL 81.55, Target: 84.60, - 86.10, - 92.25, Highest Target duration: end of next week.
NSE:ONGC
by shikhagupta2589