Crude prices has been continuously rising, and the immediate benefactor is the natural gas. With tremendous pressure on energy global supply chains gas companies are struggling to fulfil the outgoing demand. ONGC, which has also seen a hike in gas prices have reported record profits for this quarter. I have been bullish on ONGC since 110/- levels. And the reasons...
ONGC is in now Some Trangular Zone ....and Facing Multiple Support As well As resistnace ...... It is respecting Its trendline from Last 3-4 Days.. But RSI showing bearish Divergence....Lets See What Happens But As per Volumn Builtup it will go up.....Bulls are taking this stocks from weakhands...- Now Resistance @ 148-149 Suppoet @ 141-140 Trade...
ONGC Flag and pole pattern seen can go long at cmp with sl 154 above 167 may blast
Detailed analysis given on the chart NSE:ONGC ONGC Bullish Flag Pattern
ONGC is trying to break the Bullish Rectangle pattern. Buy above 164, but volume confirmation is crucial. Stop loss at 153. The target is set by XABCD bearish crab pattern and bullish flag pattern. Happy trading :) This is just for educational purposes.
Detailed analysis given on the chart. ONGC Bullish Flag Pattern NSE:ONGC
The chart contains all details. Stop loss should be 5 points below the handle's lowest point that is 93. It's only a view. Trade at your own risk.
i am new in this field... i am learning techinical analysis this is my frist analysis of ONGC Oct 170 CE chart lets test if my analysis works ;) pls suggest me if i have done something wrong ;0 BSE:ONGCV2021
Buy reliance fut at current levels. Check my previous publishes. Jiophone Next launch will definitively be a bonus for RELIANCE INDUSTRIES.
HINDPETRO -Buy call for HINDPETRO was given on 11 May. Buying Range was 260-265 . Currently trading at 320. The stock is heading to 450 levels in midterm. Below is the call shared on May 11
ONGC on long term BO can buy in range 124-134, it may test 172 soon
1.Clear breakout from the trend line. 2.Good volume Keep your stop loss, Hold your chairs tight and be ready to ride the trend. Happy trading :)
#ONGC : - Multiyear Trend Line Broken / Golden Crossover (50/100 Ema) - Forming on Weekly Chart - Moving in a Parallel Channel of Resistance & Support - New 52 Wk High Formed - Possible Pull Back into the channel b/w 135-140 Zone towards 120's Zone before moving towards 150 Zone Fundamentals looks strong: Higher Gas Price Realization & Higher Crude Oil Price...
Buy ONGC Closing Price - 119.4 Small SL - 116.9 Long SL - 109.9 (Weekly Closing Basis) Target - 150 One Can Buy Future With Small SL
NIFTY ENERGY SECTOR is forming and inverted head and shoulder pattern. The sector has broken out on weekly TF. The stocks in this space can move great over the next few weeks. Your SL in this sector would breaking of right shoulder low. Look for stocks like Tata Power, Adani Power, GAIL, BPCL expect a good run up in these stocks.
as per chart it looks too good for grab add in small qty, energy sector looks too much promising in last few days. SL 115 for short term and 110 for medium term investors looks good.
ONGC-CMP 112.35. It formed cup and handle pattern it can be bought in the range of 112 to 108 with a sl of 104 for a target of 117, 125.5, 131++. This is for educational purpose and consult financial adviser before any trade
NSE:ONGC As one can see, very long-Term trend broken in ONGC share, stop loss also given as per my view and as well as I have mentioned resistance on chart as well, trade accordingly. ******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before...