OIL AND NATURAL GAS CORP.
看多
已更新

ONGC Weekly Channel Support

62
Below is the weekly chart of ONGC, which is showing that the stock is trading in a channel. In last week the stock has made low of 115.75 and completed their cycle of a channel. Now the stock has closed above channel support and we are expecting a bounce from the current levels. Also company has recently announced a dividend that is 7 rupees per share.

If we see a daily chart of ONGC then the stock has opened gap down on last Friday and closed at day high. On the chart, the stock has given confirmation of Bullish Engulfing chart pattern and that is the strong confirmation at least 5% bounce from current levels. We can buy stock from current levels or on dips till 120 with the stop loss of 115 on a closing basis and looking targets 130-135.
註釋
This week high 129.90, just 10 paise away from 1st target
交易結束:目標達成
Both done

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。