ONGC has set up a value area last week between the 0.786 and 0.618 Fib Retracement levels with a value price of 84.
The stock made a doji inside the lower part of the value area on Friday which was in line with overall NIFTY movement.
Positional Ideas:
Go Long above 84 for 86
Short below 80.5 for 78, 77, 76
Scalp between 81 and 84 levels
Don't take positional trades In-case of gap openings. Check the price trend and NIFTY trend - follow ORB
The stock made a doji inside the lower part of the value area on Friday which was in line with overall NIFTY movement.
Positional Ideas:
Go Long above 84 for 86
Short below 80.5 for 78, 77, 76
Scalp between 81 and 84 levels
Don't take positional trades In-case of gap openings. Check the price trend and NIFTY trend - follow ORB
Trade aktif
Buy Triggered at 83 for T1: 84 and T2: 86Trade aktif
T1 Reached; additional buy triggered for 86 and beyondTrading ditutup: target tercapai
Exiting Intraday positionsCatatan
The idea is relevant for tomorrow; will re-enterCatatan
Its still in the value area. Don't take short positions unless Support at 80 gets broken with volumePublikasi terkait
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.