Resistance line for ONGCI don't think the stock is going to face a stiff resistance before the indicated trend-line.
Super momentum in the stock.
Continue to be long.
Please like and follow.
NSE:ONGC
ONGC trade ideas
LONG ONGC Uptil 130ONGC, 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
recomded to buy ongc for short peroidongc shows the great upward movement in last week. we recomded you to buy if from 94 for the target of 120 - 130 for short term peroid for 2-3 months.
Go long on ONGCONGC breaks out of consolidation with high volumes and is poised to go higher in coming days...Buy for handsome gains
Ongc taking support at trendline , Buy at 67I will buy ONGC because :
It has been taking support at the trend line .
So will be looking at buying opportunities.
Entry : 67
Target : 85
Stop loss : 62
ONGC - to hold or not ? please refer the earlier idea
ONGC has generated some nice momentum and quite possible that rally may continue
My setup is - would book 50% at present levels and lets the 50% ride with present levels as SL
details of resistance on charts
Happy Trading
MSK
Revised Post Same Out Look I had posted this chart in the past , explaining the correction is required before it make any new move
Now i am reposting it because people have tendency to forget things they see
Current move i am not convinced its Going to become Trading , So expect a drop to cluster and then bounce
If you are in the trade then put the stop to cost , if you are stopped out then no rush , wait for the price to correct till the expected cluster level or near to it
thane if you see a Bullish Candle on daily with full size Green that is buy set up , buy in Cash and then Look to book at or near the forecast target
if you want to trade F & O in this then God bless you ,
Good luck
ONGC - Cup pattern - Weekly ChartONGC appears to have made a Cup pattern and broken through the resistance on the weekly chart. Target 112; stoploss 84.
ONGCONGC Weekly RSI close above 55 + daily RSI > Weekly RSI + Daily ADX > 25, Momentum may be continuous from here. exit - Close below EMA_34 or Daily RSI close below 45 or Daily ADX close below 25.
ONGC is in a superb breakout territoryONGC has now decisively moved over the trendline that has often offered very stiff resistance.
Go long from here.
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NSE:ONGC
ONGC Bullish RSI DivergenceONGC showing bullish divergence. Buy at that level where smart money is buying.
Buy at current levels with targe 75 and the 84.
ONGC | Trendline breakout with volume !!!✈NSE:ONGC
Positional Trading opportunity ! Weekly Chart Alert !
Technical Reasons to trade :- 🧢
1> Trendline breakout
2> volume more than enough when breaks out
3> Targets are based on support & resistance
--CMP =80.45
--Lot Size = 7700
--1st Target = 93.45
--2nd Target = 115.50
--3rd Target = 126.70
--stoploss = 56.35
--R:R = 1.97
Guys check out the related ideas as well, it will work really well guaranteed !
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ONGC 35% price rise in 1 month captured with help of TechnicalsONGC
This is what was mentioned on 05 November when ONGC was trading at 67.5
The chart speaks for itself....
Do Hit the LIKE button, or comment below and follow for more such trading ideas
Enjoy and Happy trading...!!!
ONCGBuy above 93.1 for easy target of 116.
If nifty is positive, take long position in this.
Else Ignore.
ONGC - Did You Pick Stock close to 60's?Last-89.85
Last closed near to 90-which is short term hurdle & crossing above 90's it can push to 115/125 Target zone which will be next resistance
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Last Idea - Suggested on 6th June2020
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