Get started

ONGC

ONGC can go up after retesting the current breakout levelsIn weekly charts, a trend-line can be drawn if you connect the highs of 22nd January 2018 and 20th May 2019. This trend-line was resisting, but in daily charts, it was forming an inverse head and shoulders pattern since 25th February 2021 and it broke the above mentioned longterm trend-line on June 3rd. But now it is retesting the same levels after this breakout. Those who are holding can wait for a little more. Those who haven't entered can wait for a bullish sign in the weekly chart at this current level to enter. EXIT manually, if you think Nifty will fall constantly. PS: I am not a SEBI registered advisor. Enter in trades after reaching out to your advisors or at your own risk.
NSE:ONGCLong
by IamGeorgy
ONGC: Breakout from Accumulation Zone ONGC: 2 break-out have observed in the up-trend. The major one is a flag pattern that confirms the rally to the next stop of @140 nearly can achieve the target of 13% . Points to be Note (Technical + Fundamental) 1. Stock is in an uptrend with Fibonacci levels ranging b/w 0.5 to 0.3 fast trend. 2. Relative strength is strong for the month. 3. There have been two breakouts that will lead the rally in the next few days 4. Sales have been soaring by 22% and the correlation to sales vs profit is decreased by 82% as compare to last quarter 5. Investing activities have increased too... nearly double from last year. 6. P/E is fairly decent 15.6 above 10 but the company deserves that. 7. ROE is 7% as compared to its peers having 10-13.5%. 8. D/E is half to industry levels. Let me know in the comment section. What's your view on this
NSE:ONGCLong
by rajveerscolia
3
ONGC - REVIEWI JUST LOVE WATCHING CHARTS DANCE THAT'S ALL :) 💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<>>>>>
NSE:ONGCLong
by Averoy_Apoorv_Analysis
1
#TIRUMALCHM CMP145.35 #Target 214 #MANGCHEFER #FCL #SUDARSCHEMWEEKLY CHART #TIRUMALCHM NSE: TIRUMALCHM Long Term Investment CMP 145.35 Target : 214.80 (~45%) SL : 111 Timeframe < 90 Days Can hold for longer time might reach 400s Factors: Rounding Bottom Pattern Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:TIRUMALCHMLong
by Rachit_Sethia
4
#PETRONET CMP247 #Target 271(10%) #ioc #ongc #tidewater #bpcl #PETRONET NSE: PETRONET CMP 247 Target : 271 SL 238 Time Frame < 2 months Can hold the stock for longer time after part booking. Factors: Trend Following Inverted Head & Shoulder Pattern. Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. PEER COMPARISONS: NSE: ONGC NSE: TIDEWATER NSE: IOC NSE: OIL NSE: HINDPETRO NSE: BPCL NSE: PETRONET NSE: SUPPETRO NSE: CHENNPETRO NSE: RELIANCE If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:PETRONETLong
by Rachit_Sethia
8
ONGC - PRICE ACTION ANALYSIS💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<>>>>>
NSE:ONGCLong
by Averoy_Apoorv_Analysis
4
ONGC – TrendLine Beakout on Monthly Chart ENTRY: CMP (126.5) breakout was 121.2 Target1: 168 Target2: 234.4 Target1: 293.25 Stop Loss : 118.8 (Weekly Close). Deep SL 104.15 Will Update Trailing Stop loss whenever required. Duration : 4-5 Years Stock has broken Monthly Trend line which started from Sep 2014. Also last week close was above 121.2 which was Previous Support on Monthly chart same should have acted as resistance which didn’t happened hence script is showing good strength. Heavy Volume also seen last few month, signaling accumulation phase over or almost about to end in this script. Fundamentally Co has good record of making consistence Profits for its share holders. Cash Flow Statement has been consistently growing hence Co is able to give good Dividend over years. Dividend yield is around 4%. Debt to Equity 0.5 times (favourable) Book Value 167 vs CMP 125 (Available at discount) Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position. Please like Share and Comment if you like our work.
NSE:ONGCLong
by SagirKazi
► ADVANCE PATTERN #17: ONGC ◄► ADVANCE PATTERN #17 ◄ 📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns. ☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio. ☆ Kindly ❤ like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and announcement 📣 regarding stock analysis. ▣ Key Highlights: ➟ Time frame Weekly Ⓦ ➟ Horizontal Resistance ≕ ➟ Trend line ⍩ ➟ W Pattern Ŵ ➟ Flag Pattern 🎌 ➟ EMA 400 ↝ ➟ Unique Confluence Ⓤ 📌 Levels are: Entry: ▲ 129 SL: ✘ 115 Target: ➚ 160/180 RR: ☈ 1:2.5 Return: 20%+ Do your own study before Trade!!! Thank you. Happy Trading!!! Best Regards, 𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧 𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮. ✬ Disclaimer ✬ -------------------------------------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ---------------------------------------------------------
NSE:ONGCLong
by Profitable_Traders
2