ONGC long setup idea with gap fill strategy Stoploss will be updated later
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
We can go long when it touches and form a bullish price action on lower wedge
ONGC go for a buy if script breakouts and gives you s candle stick confirmation. aggressive traders can buy after daily chart breakouts conservative traders can wait for a retracement at new support along with a candle confirmation. patience will be key also go for min tp of 15% , T1 and T2 are recommended targets trade with trend is also used as an analysis
1.FII / FPI or Institutions increasing their shareholding 2.F&O data suggests Long Buildup today 3.12.99% away from 52 week high 4.Mutual Funds have increased holdings from 6.03% to 6.52% in Sep 2021 qtr. 5.Stock with Low PE (PE < = 10) 6.RSI indicating price strength 7.Current price is less than the intrinsic value 8.1 Month: Delivery volume fell by -49.15% 1...
Level Mentioned Buy in given zone and set target in given zone Very good chart pattern Nice build up
Great swing trade idea on ONGC 📈 breakout of parent trendline on weekly timeframe Breakout of a bull flag on daily timeframe also price has taken support exactly at golden level of Fibonacci
ONGC breakout coming uptrend flag formation. now 200 EMA acting like resistance after it breaks. Long Entry - 144 - 146 ( after retest upward resistance trendline ) Stop Loss - FIb 0.236 Level Take Profit - 1) 149.55 2) 159.65 3) 170
he stock has broken out and retested, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2.5:1 SL is placed below support zone & the upper trendline. The target is placed near swing high.
Results are positive. Looking Triangular Breakout.
ONGC has formed a bulish flag pattern after the brekout it either can go up or down if down brekout use your own research and trade on your own mark my words it will give you much good returns any thoughts on this lets have a discussion in comments
C wave is in making, its making correction at lower period. might make setup for long trade. TC
buy with sl 420 for trgt 500...................................................................
buy for trgt 133 with sl 113......... .....................
We have a long term view in ongc ,as you see in monthly chart it's try to break trend line and a previous swing low ...so we believe if its sustain above 125 then you can make a position for 180 and 220 rs target in next 2-3 years.
Swing to positional trade! breakout from the channel, and retest and looking at the bulk deals, buying was seen on 27th aug'21
This time trying new things with a line chart of Trendline breakout, Support zone, fibbo retrecment of 0.5% buy at the current level sl is 113.80 target is open
Buy Price :- Rs. 112-115 Target Price :- Rs. 130-135 Time Period :- 1 Months