ONGC once penetrates 243-244 mark- Likely it will travel in the zone of 252-254 -Hitting the box the resistance from the top end channel. Once it hits the box & we see it is unable to penetrate on upside & facing resistance- we shall look for selling opportunities in later sessions.
Trading Strategy- Likely going above 243-244 -ONGC could head for upside immediately.
Regards,
Abhishek H. Singh, CMT
Trading Strategy- Likely going above 243-244 -ONGC could head for upside immediately.
Regards,
Abhishek H. Singh, CMT
Trade chiuso: obiettivo raggiunto:
10:35 Hrs-IST-8th Sep2016- ONGC -Target Reached - Box Hit & Made session high@254.90
Trade attivo:
12:15 Hrs- IST-9th Sep2016- We shall wait for market clues before it starts falling in the down leg as expected & channel should hold on top or at least ONGC should get rejected in the current zone of 250-255.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)