ONGC, The Maharatna with second largest MARKET CAP in PSE, is trading at good valuation. Our strategy for trading it as follows:- Enter ONGC at CMP: 100 Short term target 112.5 (within 5-8 trading sessions) 12.5% Long term target 130 (within 2 months) The SL can be placed at 89.5
Nifty is taking support at 21 Ema. Nifty has good selling pressure around Red line.
Hello Traders, Short Britannia below 3800 if it breaks 3800 comfortably for targets of 3570, and 3390 in near short term. #FMCG
Intraday Target of 4353 in Pfizer Entry placed at 4260. First target 4290. Immediately hit after analysis publishing in pvt group.
Monthly, weekly and daily charts present a clear bullish trend while forming the Inverse Head and shoulder pattern. Lately the stock showed a good upmove with a long candle breaching the monthly resistance and reaching 4300 level. Entry can be made for a Long position at current price: 4300-4320, with target of 4750, and SL of 3900.
ONGC, fundamentally strong company.. CMP: 192.4 RSI :55 It has made a channel breakout in the daily chart pattern.. It might go upto 200+ target 1 : 195 target 2 : 200 target 3 : 203+ Apparently, Risk Reward ratio is also suitable.... Note: Do your own study before making any positions... Please Like, Follow and comment your views below .... :)