ONGC.T0 trade ideas
a hit is getting ready in ONGCa fall is getting ready may give a little raise or it can fall directly from here.
disclaimer : m not a semi advisor . plan ur trade accordingly to ur strategy. this video is for sharing knowledge and educational purpose only..
ONGC resistance turned support retestONGC has retested the support on trendline 2 while moving upwards and respecting trendline 1. This could be an optimal entry with a stoploss at 116. Targets would be 139-152.
Please do your research before taking trade. I am sharing this for educational and awareness purposes.
ONGC Cup & Handle!A reliable pattern formed in the stock with volumes more than average. 144.2 can be seen within days with a SL of 110.85.
ONGC: bearishSell on cmp for the target of 111/105. stock as formed a LL LH sequence , one should look for selling opportunity .
Inverted Head and Shoulder in ONGCBroke Inverted H&S and is consolidating over it.
Expect a further pullback to support and once it breaks 127, it can fly
SL below 118
Target 145
News related can make the market weak
ONGC is ripe as a mangoONGC is forming a triangle, having given a breakout with retest done recently.
Perfect for buying at CMP of 120.
Stoploss can be placed at recent swing low.
PS: These are my personal views and do not in anyway constitute trading / financial advice.
DAILY SWING CALL // Friday 25th of June 2021 NSE: ONGCDAILY SWING CALL // Friday 25th of June 2021 NSE:ONGC
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 122
TARGET: 140+ (15% Around)
STOP LOSS: 110 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
ONGC WILL RUN IN LUCID WAYSUPPORT AND RESISTANCE LEARNING SERIES CONTINUES
FOR ALL BEGINNER AND LEARNING AND FOR OTHER TO BRUSH UP THEIR SKILL I AM POSTING SUPPORT AND RESISTANCE ANALYSIS FOR STOCKS
ALL LEVEL MARKS.
LEARN AND TRY TO MARK IN OTHER STOCKS WITH YOURSELF
DISCUSSION OPEN
MCPRICEACTION
ONGC - BUY . RR - 1:1.5 Hello Traders,
The rationale for the trade:
1) Trend Line - Support & Resistance
2) pennant pattern pattern
3) 50 & 100 EMA Support
3) 200 EMA Cross over in Weekly Time timeframe
ONGC Looks weak !!ONGC : cmp : 120.25
Closing below previous low as well as last weeks low.
RSI bearish.
Sell on rise. If opens gap down dont chase.
TGT 116.25/112.15
Sl 125
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
ONGCONGC weekly chart, Trend line Breakout and retest the point. Good opportunity for going long.
Levels marked in chart for reference.
My personal opinion on ongc.
If you like/agree the idea, thumbs up for motivate.
Thanks.
in 7 minutes
Break out of ONGC from it's demand level Hi
currently ONGC in demand zone when it break it's demand zone then it's first target is Rs 128.40
ONGC: Opportunity for re-entryONGC
Last time we gave a target of 128 / 136
The stock did an exact 128 and has now retraced to 120 odd levels.
As observed in the chart, at current price, the stock provides another opportunity to enter.
Target 136
Pattern gets invalidated if closes below 114
Take care & safe trading...!!!
ONGC - Short term looking bullish.ONGC: Looking Strong for Short term
After forming a beautiful cup and handle pattern, breakout then retracement and now taking support at 400 days EMA.
Good possibility of upmove.
Buy - at CMP (120)
Target - 130+
SL - 110
All levels are for educational purposes only. Do your own research before investing.
