mritun_rogue

mritun_rogue

Upward Breakout: Wait for a successful retest and closing above resistances Downward Breakout: Price may give false/premature breakout and continue upward if the general market is bullish. If bearish, the price may stop at the major bull trendline or weekly support. Generally, with descending triangles major trend continuation is expected. Corrections are welcomed...

mritun_rogue

Strong Uptrending price , making HH HL. May break strong resistance at around 128-131, if oil produces from the eastern offshore field (tentative end of June).

mritun_rogue

1. Cup and Handle Pattern Breakout 2. High Relative Strength 3. High relative volume than 2020 4. Rising Brent Crude Price 5. Fundamentals of ONGC are strong Disclaimer: For educational purposes only