ONGC-Swing Buy-Triangle broken?

5 de jul.

ONGC


05.07.2024
Buy 284
Target 326
Stoploss 262

Risk Reward- 1:2

1.Descending triangle broken by crossing previous
previous lower High. Retracement near LH 04 before breakout
2. 200 EMA Rejection & fake breakout. Also 21 & 20 EMA Crossover
3. Oil Gas sector in good movement
4. Price consolidation from last 3 months after great uptrend
5. Volumes increasing in green candles and with good strength in body

5 de jul.

Trade ativo

Good Movement, Hope trend continues & target reaches in couple of days

8 de jul.

Trade ativo

Thats the great movement. Safe traders can exit.

12 de jul.

Trade ativo

One More excellent movement in bearish day. This indicates strength of this stock

16 de jul.

Trade fechado: objetivo atingido

Target has almost reached at 13.5% with 1:2 Risk Reward.

16 de jul.

Trade fechado: objetivo atingido