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.
!!PAIR TRADE PETRONET-VS-ONGC!!
EXECUTE THE FOLLOWING
!!EXECUTE BOTH TRADES!!
!!HOLD FOR GAINS!!
!!FOLLOW UP-FOR UPDATE!!
Here we see price be the alligator's mouth.
Awesome Oscillator also below 0 and forming continuous red signals.
Also Nifty showing sell signals, and Nifty Energy also in a downward trend.
Therefore, a good shorting opportunity.
Placing the sell order 1 tick below the last fractal low i.e 126,
hence keeping the trigger at 126 with 125.95 as the price.
Key Levels for ONGC are : t.me - JOIN TELEGRAM CHANNEL
First Target~ 132
Lower Breakout~ 129.20
Final Support~ 125.10
Please trade with caution and consult your financial adviser before trading. You can also...
The 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...