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ONGC

Breakout Alert: ONGC Channel Breakout Above 300,Details: Asset: Oil and Natural Gas Corporation (ONGC) Breakout Level: Above 300 Confirmation: Channel breakout with increasing volume Targets: 320 and 340 Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: ONGC has broken out above the upper boundary of its trading channel at the 300 level. This breakout is supported by increasing volume, indicating potential bullish momentum. The targets for this move are set at 320 and 340, considering the continuation of the upward trend. Risk-Reward Ratio: Depends on individual risk appetite and stop-loss placement. Remember to conduct thorough analysis and implement appropriate risk management strategies before initiating any trades.
NSE:ONGCLong
by CyborgTradingHub
ONGC - Ichimoku Breakout📈 Stock Name - Oil & Natural Gas Corporation Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 280. 🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku
NSE:ONGCLong
by nikunjbhadja
1
Oil & Natural Gas Corporation Limited - Multiple Breakouts #ONGC CMP : ₹-223.4 Date : 12-01-2024 ONGC - Technically looking good. Chart is self explanatory. Multiple breakouts identified in the charts. Almost 5 year old resistance trend line breakout and retesting identified along with a cup and handle and upward parallel channel breakout. Now the stock is at its 52 week high with significant volumes. Upward trend is expected to be continued. Stoploss @ ₹-210 . Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly
NSE:ONGC
by DevanNaayar
ONGC a good bet for Value InvestorsONGC is available at a value zone which is a supply turned demand zone for value investors. It can be a good bet but a risky one as it's a high beta so avoiding going in with all money should be preferred and accumulating it in a slowly and steadily manner. The recent price action is however still not so bullish so a confirmation candle will give you a headscarf to accumulate more with time and patience. Fundamentally as well it has shown a great progress in terms of growth that is a steady increase in ROA, ROE, Growth, net margin, etc. which makes it suitable for investing. Also it is a high dividend paying stock as well with an annual yield of 7.69% Accumulating levels are around 120 and entry should be made in proportions. Not a Financial Advice. Kindly do your own research! Thanks for reading.
NSE:ONGCLong
by UnknownUnicorn21160479
2