Harmonics at right levels...so far pattern yet to complete
If reverses from C, can guess next target! Booster: BPCL/HPCL/OIL/IOC
ONGC daily indicates the stock is moving out of the falling wedge pattern. Can it move above 190 levels and reach a target of 210 levels. Stops @ 179
A Bullish Harami Cross pattern has been observed in daily charts of ONGC stock. It is a good bullish reversal pattern, which is even more significant than a regular Bullish Harami. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. A red body is observed on the first day. 3. The Doji that is formed on the second day is completely...
A possible short for this week, if it breaks the blue line . Take positions according to strategy and risk tolerance. Don't blindly follow the lines, support resistance, etc. Do due diligence. Might as well take support. Let's see how it behaves.
for educational purpose - a clear breakdown n going to 172 with every decline revise your stop loss. if in any case it closes above 195 then go long with sl of 190.
for educational purpose - short ongc below 191 with sl 195 tgt 174-175, revise sl when price goes down follow parabolice sar indicator.
Hi all, Hourly chat set up for NSE:ONGC Going below 192 gives a potential of short position or if it's moving up for any reason going above 200 gives a potential buy till the next resistance level on the chart. Regards BIbin
for educational purpose ongc is trying to hold price but making a bear flag short below 192 sl 198.6 target 172.
Huge support at 192.. buy around 193 with stop below 191 closing for atleast 15 points good RR
Symmetrical Triangle pattern is formed on ONGC. Wait for price to break out from the triangle. If it breaks out upward, go long. In case of downward breakout, enter the short trade. Target in case of upward breakout: 217 Target in case of downward breakout: 188 Happy Trading!!!
long above 200 sl: 187 Target 230, 300
as we can see the bearish engulfing pattern there and bearish divergence there
ONGC has been trading in uptrend respecting support and resistance, it has already touched the uptrend channel resistance and approaching channel support. Traders may go short with a target of 290-292 in near term.