ONGC has retested the support on trendline 2 while moving upwards and respecting trendline 1. This could be an optimal entry with a stoploss at 116. Targets would be 139-152.
Please do your research before taking trade. I am sharing this for educational and awareness purposes.
MOIL has given successful rounding bottom pattern breakout with increasing volumes. My view will bullish for 2-3 months with targets and stop-loss placed in chart.
Please do your own research before taking any trades. I am not a market/investment advisor. I do this for my own and share for learning purposes.
Making head and shoulder pattern and given a successful breakout. Looking at potential target of 125 with 1:2 risk reward ratio from current level.
This is not a trading advice. Please do your own research before taking trade.