ONGC LONGONGC bouncing back from key support zone.
Keeping a tight SL around 15-20 points, we can expect it's first target of around 30 points.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
ONGC trade ideas
ONGC making definetive up movesONGC CMP 162 is looking strong. A long term Candidate. Fresh entry above 164.5 closing. Once this resistance is crossed the targets will be 173 and 181 and 191 in the long term. Stop Loss to be maintained at Closing below 130. ONGC is a High Dividend yield stock. At CMP the Dividend yield is 5.6 %. (If the stock goes down, Dividend yield goes up). (This makes ONGC a very good portfolio stock).
ONGC India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions