SIP between 140 to 130 SL 108 target 180 and 190Suggestions are based on my analysis only. Please do your analysis before taking any trade.
ONGC trade ideas
ONGC - Crude breakdownWith crude having sharply broken down ONGC might not be spared on Monday either. There could be a short term breakdown in the stock.
ONGC might be a short below 146 SL above 149/150.
Target 133.
ONGC long #swing trading ONGC swing trading opportunity
we can go long due to following reasons .
monthy breakout done
weekly breakout done
retest done at weekly level
coming out of daily timeframe and about to give breakout
we can go long with small SL and bigger targets .
ONGC SwingONGC manages to close above trend time trend line
Looks Good for swing trade
Key levels are mentioned on chart
Thanks and regards
Vignesh Sankar
ONGC, result based buyingCrude 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 are:
1. Shift towards green energy resources. (makes gas and immediate substitute for both domestic and commercial purposes)
2. European winters and Chinese intervention. (global pressure on gas prices)
3. improved administration of the company.
4. consistent increase in both onshore and offshore revenues
Technically after breaking out from a very long parallel channel, it has retested the crucial and psychological level of ₹150/-. With CMP 154, the stock should again touch the recent highs of ₹172/-.
It is also giving a dividend of ₹5.5/- which makes it more attractive even at higher valuations.
One can buy with an SL of ₹145/- (result might make stock volatile) for Target of ₹170/- and above.
ONGC (Review-2021) The Portfolio Stock- Heading for 210-Will it?In the Harmonic pattern. The stock picked close to the '60s as per previous updates done in June-2020 & Dec-2020.
Heading to key resistance -210 Next
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Last Idea - Did you pick the stock at 60's
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ONGC something Big ...Heavy Volumn BuiltUp...Expecting 6-7% MoveONGC 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 According It ...Looking Good ..
Like And Comments If U get This Idea
ONGC given a break down ONGC given a successful breakdown and retest also done we will sell after closing with red candle under green line target blue line
ONGC PRICE ACTION ANALYSIS. BULLISH FLAG PATTERNONGC 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.
ongccan go long above the 157.00 level. it is also on vaule zone of its ..
if it sustained on the level of 157 can go long
ONGC - LongThe 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.
Trying techinical analysisi 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
