Currently stock is in ascending triangle pattern and its ready to give breakout why i think i will break few reason are 1. increases volume with increase in price 2. making higher high for 3 consecutive days after long time 3. delivery % also increases. AND breakout happen above 141 and valid if price closes above .
ONGC PRICE IS EXPECTED TO GO TO 145 & 150 IN THE COIMG DAYS.
THE PRICE NEEDS TO TRADE BY OVERCOMING RESISTANCE AT 140.
IT IS OBSERVED TO FOLLOW AN UPWARD CHANNEL.
PLACING OF STOP LOSS CAN BE CONSIDERED AT 126.
(PLS SEE THE JULY 14 POST).
Hare Krishna !,
Hope you had followed my sell idea on ONGC yesterday and would be in good profit.
for those who did not , no despair..an intraday opportunity may show up in the day.
Even if you use any other method you can make money as the BIAS is sell side and target is 119.
to understand the indea please visit the related ideas link below for details
fell...
Hare Krishna !
The Below is for the ardent seeker.
Would you believe if i say that the "REAL PROFFESIONAL FUND MGRS" DO NOT take trades of patterns like Harmonics,H&S or Elliot Waves...
When i got a chance encounter with a few billion dollar Investment Managers & asked them about above patterns THEY LAUGHED...
Don't believe all the things you find on the...
