ongc

#1
ur view on reliance is very good
can u get sometime to find out how the ongc scrips
it had gone down to 630 and from there going regularly
what will be the level fr a breakout
 

Traderji

Super Moderator
#2
Technical & Trend Analysis of ONGC

Technical & Trend Analysis of ONGC

ONGC is currently in a sideways consolidation.

Generally new trends emerge from such sideways consolidation.

Please see the attached chart for more details.
(You have to Log in after you successfully register yourself in order to view the attached chart)
 

Attachments

Last edited:
#3
technical analysis of ongc

Super analysis on ONGC.

So simple... and yet it works!!! Makes the difference!!

I never see you use any technical indicators or oscillators like others.

Keep up with this. So what now that ONGC has broken up??
 

Traderji

Super Moderator
#4
Re: Technical Trading Signal Analysis on ongc

Technical Trading Signal Analysis on ONGC

See attached chart for the latest technical analysis trading signal update and stoploss and profit booking level for ONGC.

(You have to Log in after you successfully register yourself in order to view the attached chart)
 

Attachments

sh50

Active Member
#5
Good example. The explanation given in the diagram is not quite clear. One would appreciate if the explanation is also a part of the text so that one can read clearly. Isn't one supposed to take a long position when the breakout is at a higher level.
 

Traderji

Super Moderator
#6
The explanation given in the diagram is not quite clear.
If you are using Internet Explorer you can Disable Automatic Image Resizing to view the image in its actual size.

How to Disable Automatic Image Resizing

In Internet Explorer, click Internet Options on the Tools menu.

On the Advanced tab, click to clear (disable) the Enable Automatic Image Resizing check box.

Click OK.
 
#7
Traderji said:
If you are using Internet Explorer you can Disable Automatic Image Resizing to view the image in its actual size.

How to Disable Automatic Image Resizing

In Internet Explorer, click Internet Options on the Tools menu.

On the Advanced tab, click to clear (disable) the Enable Automatic Image Resizing check box.

Click OK.
 
#9
Re: Technical Trading Signal Analysis on ongc

Traderji said:
Technical Trading Signal Analysis on ONGC

See attached chart for the latest technical analysis trading signal update and stoploss and profit booking level for ONGC.

(You have to Log in after you successfully register yourself in order to view the attached chart)
Well it is always better for waiting for atleast a 3% breakout confirmation in any script befor buying it,though ongc has broken from its resistance level it has not yet been broken by 3% you have to waitt for the confirmation before you go long in the script, this false breakout may be becuase of a few short orders reaching their stop loss or bears covering their short positions.
 
#10
A 3% breakout confirmation of Rs. 685.00 works out to be 705.55

That means we have to wait for a close above 705.55 before going long!
 

Similar threads

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Name:Phone:
Email:City:
State:
Are you a day trader?