Ascending Triangle Pattern Formation and other thing to notice is that there is relatively less volumes in Red Candles which means Market is not showing much interest in Selling.
Fixed Volume Profile indicator Doesn't Shows Strength in Higher Levels and Fundamental of the Company Has Worse. but as per the Momentum of the Stock i'll Call it a "Expensive Rocket" Which Has Reached it's High and Might Soon see a Strong Correction in Price.
As we Know After a Falling Wedge Pattern Formation, Bullish Trend Continues. It Has Broken Above its Resistance Trend Line, Now We can Assume here that there are Higher Possibilities of this stock Continuing it's Uptrend.
Inverted Head & Shoulder Pattern formation, with good Volume Build up.
Ascending Triangle Formation, Might Give a Good Breakout.
We might see a reversal from this support zone or it might see a bit more correction till 550( A strong support level as indicated by Fixed Volume Profile Indicator).
Standing on a Multi-Year Break out & Double Bottom Chart Pattern is also Seen. Volumes is Also Health and Building Up. if it Does Break Through this Resistance then We Might See a Strong Uptrend in Jubilant. Wait for the Break out and a Pullback After the Breakout.
Multi-Year Break-out with a Potential Upside of 60%.
Head And Shoulder Pattern Formation in ONGC. Price Might Broke Below as there are low volumes and no Bullish Momentum. There are Bearish Divergance in RSI Too. But Taking Baout the Support Level it has retested this level Sevral times, so Taking any sort of LONG or SHORT entry Seems to be Risky.
Break Above it's Resistance Trendline, After Bouncing from the Long term Support Trendline. Looks like it will Follow it's current channel and go upto 780 Levels.
This time it Might Get Passed Through the Resistance. DMI indicates End of Bearish Momentum, DI+ Crossed Above DI- and RSI is Also in an Uptrend. Another confirmation is the Formation of Triple Bottom Pattern.