ONGC - Cup & Handle formationHigh volume breakout from cup & handle formation.
Good move can be expected above 119.
ONGC trade ideas
ONGC Break Out tradeBy Cup & Handle Pattern Break out and by price action analysis Target levels are marked for ST,MT,LT
CUP & HANDLE Pattern in ONGCBUY above 123
TARGET : 133/150/213
STOP LOSS : 98
Time Span : 2-6 Months
ONGC - Crossing Price rejection ZoneONGC - finally breaking the trend line and crossing Price rejection Zone
Currently above 50 / 100 / 200 EMA's and good volumes can be seen on daily basis.
Possible 129/149 and above in short period of time ..
Add to watch list and do own analysis before trading.
ONGC :: Looking BullishCup and Handle Pattern on Daily Chart, Looking to break by tomorrow...
Next big Resistance is around 133 levels
ONGC set to blastCup and Handle formation in 1H tf
Handle having Tripple bottom. BO done.
Target-125-145.
For educational purposes.
Buy above 119 for 130 and 150 targetDisclaimer: Views are for education purpose only. Do your own research before investing.
Cup and handle formation in ONGC., cup and handle formation is still in progress., once completes pattern and break out., can go for long. this analysis is for educational purpose.
ONGCFormed a classic rounding bottom with handle pattern, buying above 122-123 with stop loss of 110 and target of 150 in short to mid term.
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Above ideas are for educational purposes only, kindly consult your financial advisor before investing.
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ONGC - Breakout after monthly expiry. A sleeping giant that could now finally move with Crude making newer highs..
I dont think it will go above 120-123 till this month's expiry because of the call writing done at 120 levels..
But if crude can sustain a massive short covering rally can happen here going ahead once it stabilizes above 120.
Watch for this to be one of the stocks for next month...
ONGC -- Strong momentum ONGC trading with good volumes - crossing previous resistance levels
Currently at 118 -- wait for it to cross 122-123 levels and can see good upside move.
Add to watch list
ONGC - Elliott wave analysis - ABC zigzag It is in B wave as abc correction in larger ABC zigzag corrective cycle down. C will start once the B wave will finish the corrective move.
ONGC : BUY Signal Generated.Strong MACD , StocRSI parameters, and the recent pullback show that if the trend continues for the short term, we can see the Scrip hitting the two target levels. The Parabolic SAR has already given a BUY signal, with all parameters in tandem we can see the same happening.
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
ONGC GO DOWN FOR LITTLE CORRECTION AS PER THE DATA ONGC STRONG RESISTANCE LEVEL IS 105. THERE IS ONE NICE IDEA FOR GO DOWN AND EARN MONEY
TARGET -101
STOCK LOSS 105
