ONGC trade ideas
VIEW ON ONGCGood chart structure
Stock around Mar 22 highs
Target 186/191
Stop loss 176
I am just representing my views
For educational purpose only.
ONGC a good bet for Value InvestorsONGC is available at a value zone which is a supply turned demand zone for value investors. It can be a good bet but a risky one as it's a high beta so avoiding going in with all money should be preferred and accumulating it in a slowly and steadily manner. The recent price action is however still not so bullish so a confirmation candle will give you a headscarf to accumulate more with time and patience.
Fundamentally as well it has shown a great progress in terms of growth that is a steady increase in ROA, ROE, Growth, net margin, etc. which makes it suitable for investing.
Also it is a high dividend paying stock as well with an annual yield of 7.69%
Accumulating levels are around 120 and entry should be made in proportions.
Not a Financial Advice. Kindly do your own research! Thanks for reading.
inverted head and sholder in ongcinverted head and shoulder pattern found in ongc ...trade postional better for equity..
trade on your own risk ... for educational purpose onlu
ONGC is Looking very strong for 300 TargetONGC is Looking Very Strong For 300 Levels
Making Inverse H&S in Daily TF
Entry ?
Breakout & Retest Method
ONGC BREAKOUT Cup & Handel Patern Breakout
Technical Analysis
BUY : ONGC
CMP :- 173
Breakout Price :- 180
Targate 1: 193
Targate 2: 208
Targate 3: 224.60
This call is only for education prupas only any PROFIT & LOSS I am Not responsible
ONGC: Inverted Head & Shoulders in the making???ONGC
The stock is looking poised to make an Inverted Head & Shoulders pattern.
Important levels to watch out for 188-194...sustaining above that level would strongly increase the chance of stock exploding on the up side...
Take care & safe trading..!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
ONGC-Monthly breakoutONGC has given a inverse head and shoulder breakout on monthly time frame. Can move towards 320-350 levels.
ongc-sell on risesell around 171.5
sl close above 172.25
easy tg - 169
tg2 - 167
Disclaimer : This is my personal analysis for study purpose not intended for trading.
ONGC - READY FOR BREAKOUT WITH CUP & HANDLE PATTERNONGC - READY FOR BREAKOUT WITH CUP & HANDLE PATTERN.
Stock has been retraced enough in last 2-3 lyears. Now stock is ready for the breakout
along with the good price action.
ONGC - 50% RETURNS!!!BUY - ONGC
CMP - Rs. 148
Target - 1: Rs. 175
Target - 2: Rs. 192
Target - 3: Rs. 220
.
.
Technicals - 1) Bullish Three Drives Harmonic Pattern.
2) Bullish Symmetrical Triangle nearing a breakout.
3) Price targets set using Fibonacci Retracements.
.
.
Follow me for more!
ongc - sell on riseSEll > 167.5
sl close above 168.1
easy tg 165.75
tg2 - 164.75
Disclaimer : This is my personal analysis for study purpose not intended for trading.
ONGC - BTST - HEAD & SHOULDERSHead and shoulders pattern formed on ONGC and wait for correct entry always put stoploss
EXCITING BULLISH PATTERN ALERT!📈 Exciting Bullish Pattern Alert!
📊 Pattern: Flag and pole breakout
📌 Symbol/Asset: ONGC
🔍 Description:
Moment Stock with breakout
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
ONGC - Intraday Trade || 15th June, 2023 #stocks Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 15th June, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
#sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala #bhfyp #mumbai #share #wealth #investment #market #invest #trading #investing #finance #FinancialFreedom #investor #trader #stocks #profit #investors #economy #equity #shares #nifty #stockexchange
DISCLAIMER:
.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED
______________________
best stocks to buy today
best stocks to buy now
best stocks to buy
best stocks for Intraday tomorrow
best stocks for long term investment
best stocks to buy today india
best stocks for swing trading
swing trading strategies
swing trading beginners
what is swing trading
swing trading stocks
swing trading stock selection
swing trading kya hai
nifty analysis
nifty view
bank nifty analysis
top stocks to buy now
strong stocks
nifty view
nifty prediction
stock market view tomorrow
bank nifty Levels
bank nifty prediction
share news
stock market news
best stocks to buy now
profit booking stocks
multibagger stocks in discount
breakout stocks
best short term stocks
best short term shares
next multibagger stocks
ONGC 1DTF took support at trendline Oil & natural gas 1day time frame
Took a good support at the trendline and formed a bullish candle
Good opportunity might explode if nifty supports
ONGC 1H TF SHORTCan look for shorting Opportunities considering previous fall and rejecting the trendline several times, Wait for 30 mins for 1Hr candle close.
Please do follow and support me for more such trades and checkout my other analysis as well.
