ONGC - BreakdownWith Europe heading for a shutdown and crude also breaking down, there is a chance we could see lower levels again in ONGC. Technically the stock has broken down from a suport and could visit the lower marked price of 60 and then 56. Short at CMP with SL above todays high (66.40) Shortby rdkriplani1
ONGC - Intraday Flag and Pole Hello All, ONGC gave a breakout yesterday from my levels and is again forming inverted flag and pole pattern. My stance on ONGC is neutral. Upward movement : Can be traded at breakout at around 67.70 and target of 69 and 70.(According to Pivots) Downward movement : Can we traded at breakout around 67 and target of 67.25 and then 64. (According to Pivots)by darshanwagh007Updated 0
Economics of ONGC(Demand and Supply)A trait of a demand/supply zone is when the candle, which is breaking out of the zone, has a range that is significantly greater than any previous candle's range. Also, a range is usually formed inside a demand/supply zone, after which the price breaks out/down and continues to move with momentum in one direction. These can be great confirmations to find and make certain levels as demand or supply regions. Another trait is the formation of wicks near the supply zone and of tails near the demand zone., which is a sign that strong players pushed the price opposite to its original move. Observe the size of candles on 21 September and 25 September. Notice their range is greater than any candle visible on the current chart. This clearly shows that strong sellers are present at the supply zone(73-75 levels) and strong buyers are also present at around 65-67 levels, who push the price down and up, respectively. This has also caused the price to stay in a range for a long time and where the price breakouts out will decide whether this bigger range from 65-75 was a distribution zone or an accumulation zone. Comment if you have any query and if you like my analysis, don't forget to press the like button. I am not a SEBI registered investment advisor and hence do not follow my analysis blindly. Be aware of what you are trading and the risk associated with it. Stock market is risky and you can lose a lot of your capital. Be wise and trade carefully! Grateful!🙏Longby inteliigentraderUpdated 0
ONGC - Short term Long tradeLong at CMP. (67.25) SL: 65 Target: 71. Stock bounced at a previous support which also having a +ive divergence on the RSI. Ps: A lot of trades are more short term these days because of american elections when historically volatility is always high. Covid uncertainty adds additional volatility hence shorter term trades. by rdkriplani113
ONGC 1 Hour Awaiting breakout to upsideOne hour chart showing breakout triangle Breakout to the upside by Ramagicha114
Long ONGC Positional tradeHi Traders, ONGC can be entered between 67.45 and 68.50. The stop loss is bare minimum, and the profit range is pretty high. We can see the targets being achieved in a month or two. It is a positional trade. The long term strategy traders can go further beyond the targets. Buy on dips at following entry prices: Entry: 68.50, 68, 67.50 SL: 66 Target: 82.15 Profit around: 21% Maximum span: 2 months.Longby shikhagupta25890
ONGC - UPTREND ABOUT TO STARTHAMMER 🔨 CANDLE STICK FORMED. SIGNALS THE END OF DOWNTREND ( CURRENT TREND). Longby balaji_rajendran443
ONGC - UPTREND ABOUT TO START HAMMER 🔨 CANDLE STICK FORMED. SIGNALS END OF DOWNTREND ( CURRENT TREND )Longby balaji_rajendran0
ONGC : where to enter for long term inestment for 30% returnsONGC : CMP 72 buy the stock in range 68 to 65 keeping sl as 57 for targets 72/75/77/81/86/93+++ HOWEVER CRUTIAL POINT TO CROSS 75 FOR BULLISH PATTERN FROM CMPLongby HARMONICSANANDUpdated 444
ONGC end of distributionONGC accumulation and distribution Like, comment, Donate for more ideas comment for any specific stock analysisEducationby Giritharan0
ONGC BUY signal , Rectangle pattern , Trading is all about skillI will go LONG on ONGC because: 1) The price is forming a Chanel or Rectangle Pattern . 3) The price is also under Support/Resistance zone. 4) It has touched the support and may reach the resistance zone . 5) Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 74 First Target - 84 Second target - 92 Stop loss - 70Longby Deepak_dc93Updated 6
Which stocks to buy for intraday? Watchlist for 21st SepWatchlist for 21st Sept and coming week. ULTRACEMCO - ORIENTCEM - ASIANPAINT - SUMICHEM - M&M - BAJAJHLDNG - POWERGRID - TRENT - ICICIBANK - ONGC - BHEL Please do your own research before trading or investing.Long08:05by yashwantk210
ONGC - Getting ready for next free falla. Zone: Strong Bear b. Resistance 1: 83.20 c. Resistance 2: 91 d. Support 1: 72.80 e. Support 2: 62.40 NSE:ONGC ONGC is taking rest at its crucial support of 72.80. If it break down this level then next stop will be at 62.4 which is approximately a fall of 15%.Shortby Traderanit0
ONGC BUYONGC is a PSU from Oil and Gas sector. You can Buy it from its current position with Target of 92.5 and stoploss of 63.5 on closing basis. This idea is for education purpose only. Kindly consult your financial advisor before investing. Please support the idea by hitting 'Like' button. You can donate coins too.Longby farcortex4
Hopefully there will be a nice pull backCharts are for educational purpose only.Longby aravindncUpdated 2
Out of Gas"This is my trading journal, not a trade recommendation. Will be Posting and updating the ideas regularly, as market progresses, only for educational purposes for me and others who want to benifit from my experince. DISCLAIMER: Trading in the stocks market or futures markets is one of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market. This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.by AniketKabirUpdated 1
ONGC looking good till 91. Sl 79.ONGC is looking good to long - SL is 79 78 or below the pivot. Longby andibhattUpdated 0