ONGC | Breaking Trendline at Resistance• at Resistance • Entry:- 138.95 break • Downside Supports can become our targets. Targets :- 136.75 , 135.60 • Stop Loss / SL :- 141.30 Resistance zoneShortby Pravins333Updated 222
[ Positional ] ONGC Long Setupr: R is 1: 2 Rest as per Charts Note - One of the best forms of Price Action is not trying to predict. Instead of that, ACT on the price. So, this chart says "were" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level that says "Buy if it breaks, " you should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my small capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta", "Bounce", "3BB" or "Entropy" - My systems. ======= I won't personally follow any rules. If I "think" (It is never a gut feeling. It is always some reason.) that the trade is wrong, I may take a reverse transaction. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is primarily the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. =======Longby Prem_AgrawalUpdated 7
ONGCONGC:- keep on radar. if this resistance break go for long. bullish momentum. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.Longby AjayDhakad_Keep_it_simple330
Buy for Mid-TermBased on XABCD Buy ONGC above 145 with SL of 120 and targets: 160 / 170 / 180 / 185 / 195Longby prabhashrai020
[POSITIONAL] ONGC LONG BET risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all. ======= I use shorthands for my trades. “Positional” - means You can carry these positions and I do not see sharp volatility ahead. “Intraday” -means You must close this position at any cost by the end of the day. ======= Always follow a stop loss. In the case of Intraday trades, it is mostly the “Low/High of the Candle”. In the case of Positional trades, it is mostly the previous swings ********Longby Palkesh_AgrawalUpdated 1
ONGCHi guys, In this chart i Drew My Best Levels in ONGC for Long, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank QLongby mistertraderofficial117
ONGC LOOKING GOOD FOR SWING TRADING.ONGC stock has given a breakout on 1 day time frame. downtrend breakout and looking good as per the technical point of view. if you are safe trader wait for breakout of 141 resistance levels. from current levels my view is bullish on this stock for swing and short term. Upcoming targets on technical are 141 and and 153. for safety purpose follow the stop loss of 133. This not a buy or sell calls this is strictly for educational purpose. Do your own analysis before taking entry.Longby Prashant_patil070
ONGC Long (Growth Stock)Growth Stock Good Financials & Dividend history. Liabilities being constant V/S increase in Assets since 2019 YOY. Profit margin % increasing & Debt to asset % decreasing.Longby GhostInsurgent227
My view on ONGCONGC sharp move possible above 135 Keeping on radar ONGC 137.50 CE Adding more on dip Longby M_K_PUSHKAR3
DAILY CANDLE BREAKOUT Trend line breakout happened and retest done buy above 134 tr 141 by sagarpatekar943311
Buy - ONGCIn 5 months, we expect ONGC to rise 15% (approximately) from its current price. Invest - Max - 10% of your total capital in 4 chunks.Longby BurnTechno0
ONGC ....ONGC .... 1- forming h&s pattern 2 - weak rsi 40 below 40 fast sell will come 3 - avg selling volume 4 - 125 rs will act as a support due to 200 ma below this price will fall sell below day low t1 @ t2 @ Shortby rajat_chandan0
ONGC : Target and Stoploss for MondayDear friends, just drawn a trend line for ONGC. The stoploss should be 129.80 and the target should be 134 or above. The Windfall tax has been reduced and you already know that the level of 130 is supporting well. Hence, reducing the cess will impact and it may get a upthrust from this level. Longby Catchy_Capital1
ONGCChart is self explanatory. Levels of breakout, Possible downtrend. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade. by Simrangill011330
Oil& Natural Gas Corporation Ltd (ONGC)Oil And Natural Gas Corporation Ltd (ONGC) break out level @Day time frame News : Oil and Natural Gas Corporation Ltd | The company has signed six contracts for Discovered Small Fields (DSF) in the Offshore under DSF-III bid round, with 3 each for fields in the Arabian Sea and Bay of Bengal. Today watch ongc . Yesterday crossed with high volume and momentum BUY above 134 Next target 137,141,144 Longby mcesravi20120
Ongc longCup & handle pattern in ongc with fib support go long if breaks the level and book half at resistance Longby pradeepsinh7270
ONGC - Swing Trade for 33% returnPlease refer chart for detailed explanation and Targets. Fundamental and Technical Analysis Increase in volume on weekly chart. Highest sales and profit so far. Good dividend history. Good price to buy is between 120 -130. Fundamentals are strong so no need to worry even if price goes down. If you think my analysis is helpful than please do like my idea. For future reference do follow me so that you do not miss any of my analyses. You can also check my other analysis where we achieved 15 to 20% return in short term. Link is shared below or else you can visit my profile and check all the Ideas which I have shared. Feel free to leave any questions you have in the comments! I will gladly respond to them. Hopefully this helps you out a little bit. Please make your own research before investing. P.S: This is not an investment advice. This chart is meant for learning purposes only. This is my personal viewpoint so please Invest your capital at your own risk.Longby RohanLakhani43
ONGC - Breakout has happenedThe trendline has been broken, its a good time to invest in Ongc..Its a good healthy stock tooby gururajm3
Favourable RR OPTIONS in ONGCTechnical Analysis - 1. Falling channel breakout above DZ turned SZ 2. Going from lower range to higher range of rising channel 3. Sustaining above 20EMA & towards 200 EMA 4. OI data supportive - A Short Covering is to be seen after Long Buildup wipe out last 2 days Short Buildup Go long in ONGC by buying CE - 1. ENTRY / TARGET as per spot chart - 139.2 / 144 2. SL using spot chart - 138 3. RR - 1:4 4. Strike Price - ONGC 25 AUG 140 CALL (or a little OTM as per your risk taking capacity) Other considerations - 1. Considerably good result (might not be as per expectations) 2. Huge demand still to be seen given the dividend ex-date on 18th Aug'22 3. Avoid this trade if opens Gap Up or Gap Down by 1% This is for educational purpose for others & not a recommendation. Please do a thorough analysis of your own before entering the trade.Longby ht_rohit116
ONGC stoploss updatewe can update our stoploss in ONGC to 127.5 our new risk to reward will be 1:6.5 ....which is very niceLongby K6633442j3
ONGC PSU, Good results and at verge of breakout. ONGC has posted a solid results this Q1 of FY 22-23 Stock has made higher lows and higher high formations. Successful B/O at 131.6 range of historical resistance after retesting the Point of Confluence which is support of trendline and the B/O resistance turned support. * Dividend announced of INR 3.25/- per equity share 18th Aug Ex -Div Once can enter after retesting the trendline keeping SL below the retest area/ the lower candle before B/O or according to your analysis. Targets can be set according to FIB levels and resistance levels. One can hold this stock for long term as this is one big player in Oil and Gas Industry with good dividend history. Please do a thorough analysis before entering the trade, this is not a recommendation / a trade call. Please let me know your observations / opinions in the comment box below. Please follow your risk reward appetite and your rules of trading and do not compromise with risks. Longby harshith673
ONGCNSE:ONGC One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. Close should be good, and Clean. R:R ratio should be 1 :2 . Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose Longby CreativeCreature0