Short below 81 for targets of 79 with SL at 82 Long above 82 for 84 with SL at 81 Follow ORB on 15 min candle to establish trend.
looks like an ending wave diagonal
Price Action in ONGC is signalling Bearish trend. Initiate Sell. Target 1 : 75.50 Target 2 : 72.50 Stop Loss : 86.80
Taken a nice support at the 50 EMA and the earlier resistance zone of 81-81.5. High probability long trade!
- ONGC Formed Rising Wedge Pattern. - Target 0.618 FIB Level for downside.
Targets assigned LONG TERM HOLDING SUGGESTED SL 85
LOOK FOR SELL OPORTUNITY LET IT BREAK THE FLAG DOWNWARD SIDE
ONGC might reach 110 mark shortly. Please done use this analysis for trading, this is only education purpose.
NSE:ONGC ONGC has broken out of ASCENDING TRIANGLE PATTERN. TARGETS-88/93/102 STOPLOSS-75 for investors WHO CAN LOOK FOR 100+ TARGET WAIT FOR THE PULL BACK TO ENTER FOR A GOOD RISK REWARD RATIO PROS - 1.GOOD VOLUME SUPPORT(NOT HUGE) 2.THERE IS AN UNFILLED GAP UPTO 88 3.PRICE BROKEN THE 50 DEMA CONS - 1.NIFTY at a key resistance level 10000....
Buy ONGC above 86 for a target of 94. ONGC showing bullish move and will face resistance at 94-95. Disclaimer: These are my views please invest at your own risk.
ONGC has given a clean breakout from the ascending triangle pattern. Generally after the breakout , the price tends to retest the breakout level which is around 79-80. Therefore wait for the stock to retest the breakout point and make an entry only around those levels. Trading using this approach would give you a favourable Risk-Reward setup. Target 1: 88 Target...
ONGC Forming descending triangle once the TL broke in either side, we can enter.
In a weak market ONGC didn't fell that much and still showing strength, If markets tomorrow flat to positive, We could see nice jump in this stock. Hence, Buy above 78 SL-76 T- 82 RR- 1:2
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.