niravpandya

niravpandya

LONG TERM CHANNEL BREAKOUT WITH MORE THAN DOUBLE AVERAGE DAILY VOLUME MAY BE START OF DOWN TREND. WAIT AND SEE FOR ANOTHER TRADING DAY TO SEE IF ITS AN WHIPSAW OR NOT.

niravpandya

India cement brokeout from trend channel and then pullback with forming hammer.Those who missed out breakout trade can enter here. Buy above today high. Everything else explained in chart. One can buy it for long term also.

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ACC can show short term price reversal to shown target in charts

niravpandya

Bullish momentum divergance, Where price is going down and momentum is going up. Trend line touch as support. This can be potential long signal for ONGC.

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Looks like it has formed head and shoulders.Still it has not broke neckline.But it is very close to break it. Breakdown of neckline with considerable volume will confirm head and shoulders breakdown. Price target shown in chart.

niravpandya

ongc bounced back from 200 dma which was also the level of 50% fibonacci retracement level from 179-180. Now it is above 20dma. It also crossed above 50 dma with crossing above downward channel