Key stats
Market capitalization
1.881TINR
Dividends yield (FY)
9.36%
Price to earnings Ratio (TTM)
4.55
Basic EPS (TTM)
33.60INR
About OIL AND NATURAL GAS CORPORATIO
ISIN
INE213A01029
Sector
Energy Minerals
Industry
Oil Refining/Marketing
Website
ongcindia.com
CEO
Arun Kumar Singh
Headquarters
New Delhi
Employees
30K
Founded
1956
Oil and Natural Gas Corporation Limited is a global energy holding company. The Company is engaged in the exploration, development and production of crude oil and natural gas. The Company's segments include Exploration & Production (E&P), and Refining. The Company's geographical segments include operations in two categories: In India, which includes Onshore and Offshore, and Outside India. The Company's business spread include various areas, such as oil field services, transportation of the oil and natural gas, and production of value-added products, such as Liquefied Petroleum Gas (LPG), Naphtha, Refining, Petrochemicals, Power, unconventional and alternate sources of energy. The Company's subsidiaries include ONGC Videsh Limited (OVL), Mangalore Refinery and Petrochemicals Limited (MRPL) and ONGC Mangalore Petrochemicals Limited. The Company's oil and gas reserves are located internationally at Russia, Colombia, Vietnam, Brazil and Venezuela.
ongc - very tight contractionsentry - cmp
sl - day's low at153.5
very tight range within a strong structure, plus oil & gas stocks and pse stocks are seeing demand in last 2 sessions. good group play as well
ONGC: Chart set up and trading strategy
ONGC
Observations
- we are looking at daily candlestick chart pattern
- In Jan 2023 stock faced resistance around 151-152 odd levels
- mid Feb we see a breakout
- currently the stock is holding on above 151 odd levels
set up opens up doors for upside up to 166-168 odd levels
SL If stock is clo
Clear Breakout seen in ONGC Swing trade idea short termWe have seen proper breakout in ONGC, Indicator and price action shows a positive momentum in coming time. MACD crossover, Huge Volume, Above 200 EMA as per technical analysis we can see price appreciation in this ticker, which can lead ONGC towards 166+, in short term. So if anyone wants to go long
ONGC - Bullish BreakoutKey Points:
- On daily chart strong Bullish breakout momentum seen with potential of 15% rise from retracement price of Rs. 153
- Resistance breakout @ 153
- RSI > 70
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Volume is above VMA
Bhav is “ Bhagwan ”
Disclaimer :
I am not a SEBI
ONGC--BUY~All the information given in the chart is for the educational purpose only.
~Do your own analysis before investing.
#ONGCGood volume seen in this stock, ready for BO, watch chart for support and resistance levels and buying zone.
ONGC Bullish#ONGC closing 146.70 with the stoploss of 140 then targets are 152-160+.
Buying Reason.
1 -> Price again retrace at the lower Trendline.
2 -> Again the test the 200 EMA.
3 -> RSI is cross the 50.
4 -> ADX is also Move in Bullish.
5 -> Volume is also positive.
ongc 30th jan 2023 swing trade 2 HOUR Swing trading ideas
lets, watchout for this stock and see how this trade works out
taking support multiple times,
Buy after breakout of resistance line,
weekly support
See all ideas
Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0