ONGC: Bharat-22 ETF Series-2Psychological Analysis:
"GOI today announced the creation of Bharat-22 ETF,
a move that will speed up Center's disinvestment drive.
Several time disinvestment of ONGC delayed due to less floor price.
So approach disinvestment through ETF is better route to get proper value.
ONGC: One of the Maharatna Company, recently Acquire entire holding of HINDPETRO (HPCL)
& Modified Status from "UPSTREAM" to Both " UPSTREAM & DOWNSTREAM ".
Hence Price Variation of Crude Oil will Impacted less in RESULT .
ONGC: one of the heavy weight in various ETF.
In Bharat-22 ETF, Company Having 5.3% Weight.
LONG: @ 166 - @ 162.50
Best LONG: @ 160-
Swing / Short Term Target Plotted on Chart.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
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With warm regards.
DSKF16.
Search in ideas for "HPCL"
ONGC: Go for Duality, Regular DIV. Income with Increasing AssetAll mentioned on chart.
Changed status after taking control of "HPCL"
Today ONGC is Downstream + Upstream company.
Result impact Neutralized .
(Creating due to international Crude OIL price movement)
LONG: @ 164.15 (LTP at 11.08 am)
More Accumulate: @ 161.3 - @ 155.
NO SL for Short / Medium / LONG term investor.
DIV Yield near SAVINGS Bank A/C
More will be updated later.
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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor
Hindustan Petroleum: Classic Wyckoff Re AccumulationThe range marked by the magenta lines comes across as a classic Wyckoff Reccumulation zone. The volume signature and the recent rally confirms the bullish view. A breakout past the higher end of the range and a successful re-test would get me interested in this stock from the long-side.
Am watching this stock with interest.
CONFIPET: CAN be a MULTIBAGGER.CONFIPET: @ 17.49
CAN be a MULTIBAGGER.
SAUCER / Rounding BOTTOM.
Fundamentally Strong. TTM Performance :
Sales : 485.84, OPM : 8.3, Net Profit: 5.35, NP Variation: 187 % ,
Go LONG :
Best Accumulation Zone: @ 15.60 - @ 14.15
Near Term TARGETs: @ 20.70, @22.10, @ 24.15 , @ 27.95 , @ 30.6,@ 34.1, @ 40.6 , @ 44+
"Orders worth: Rs. 361.96 Crores for supply of 30 Lacs
& odd LPG cylinders have been Awarded by the BPCL, HPCL, and IOCL"
Below link of ORDER getting from OMC's on 05th JULY 2017.
www.bseindia.com
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Snapshot of MONTHLY Chart
Disclaimer: Only For STUDY.
For taking Trade Decision Consult Financial Advisor.
Smoking Time - ITC Hi All ,
Just a few observation on ITC time study (This is not price study).
Every rally is getting corrected in half time of previous rally ,So if this 3 bar correction rally will get corrected in 1.5 bars i.e 7-8 days i.e BY 17the march ????
If yes you know where will be NIFTY.
If we study ITC, RIL , Infy we will get fair idea on where will be NIFTY
(Yeah BPCL, HPCL are causing fall in NIFTY , so they can be banned , LOL, Just kidding )
Once again this not price study , Just time study