ONGC: Chart set up & view

5 thg 11, 2020

ONGC
CMP 67.5

Observation

- the current low of 64 odd levels is higher than the previous lows
- zone of 68-71 is crucial for ONGC


given the set up, one may consider to buy for target of 78 / 82 / 93 / 102 / 114

exit if stock gives a weekly close below 60

Disclaimer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand the fact that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be

23 thg 11, 2020

Ghi chú

Technical Analysis working to perfection

Notice the support of 71... the sudden rise once it sustained above the trendline....

We can never time the market but when time comes, we can surely make the most of it...

Enjoy the ride :-)

Happy trading...!!!

7 thg 12, 2020

Ghi chú

Target of 93 done. Today's high so far 94
CMP 92.30

Partial profit booking may he considered

Happy trading...!!!