ONGC
Taking support a very important level. Price action positiveThe stock has made healthy retracement and have now it’s resting on the Kumo. Today’s price action was quite convincing to re-establish the buyers into the stock. The RSI is taking support on the bullish extreme levels with MACD curling up indicating momentum is picking up. If ONCG gets overall support from Nifty, the stock is expected to pull up strongly from these levels the short term targets may be set at 149-154 zones. 125 levels are important support levels for the stock.
ONGC- Up to Date Analysis - Intraday Opportunity Hare Krishna !,
Hope you had followed my sell idea on ONGC yesterday and would be in good profit.
for those who did not , no despair..an intraday opportunity may show up in the day.
Even if you use any other method you can make money as the BIAS is sell side and target is 119.
to understand the indea please visit the related ideas link below for details
fell free to contact me
Good Luck
Sell ONGC to the prev LowsHare Krishna !
The Below is for the ardent seeker.
Would you believe if i say that the "REAL PROFFESIONAL FUND MGRS" DO NOT take trades of patterns like Harmonics,H&S or Elliot Waves...
When i got a chance encounter with a few billion dollar Investment Managers & asked them about above patterns THEY LAUGHED...
Don't believe all the things you find on the internet...
Because unless you get taught directly by them you will not be able to see what they see....
Good Luck in you endeavors