#ASIANPAINT #BERGEPAINT #INDIGOPNTS #KANSAINER #SHALPAINTS #OIL#ASIANPAINT
NSE: ASIANPAINT
CMP: 3112
TP: 3332
SL: 3010
TF: <1m
RR > ~2 times
Return > 7%
BERGEPAINT ASIANPAINT KANSAINER SHALPAINTS NSE:INDIGOPNTS
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
ONGC
#ABAN #ONGC #IOC #RELIANCE #OIL #HINDOILEXP #ASIANENE #SELAN #IT
#ABAN
NSE:ABAN
CMP: 54
TP: 74
SL: 44
TF: <6m
RR > 2 times
Return 17%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
ONGC looks like a value buy. Oil and Natural Gas Corporation (ONGC) Ltd. is a public sector undertaking whose operations are monitored by Ministry of Operations and Natural gas, Government of India. ONGC is India’s largest government owned oil and gas explorer and producer. Its CMP is 143.75. Negatives of ONGC are such that there is a decline in quarterly net profits, decline in net cash flow and FII’s are decreasing their stake in the firm. Positives are followed by that they have no debt, book value per share is improving and MF’s are increasing their stake in the firm. Entry can be taken after closing above 145. Targets will be 154 and 166. Stop loss can be maintained at closing below 133. Dividend yield of the company at CMP is 8.2%.
Muhurat Trading picks - 2022What's your Diwali picks ?🤔 comment down below.
1. TATAMOTORS
C.M.P - 398.2
TARGET - 447
Potential Upside % +12.26 %
2. M_M
C.M.P - 1257
TARGET - 1425
Potential Upside % +13.37 %
3. FEDERALBNK
C.M.P - 132.85
TARGET - 150
Potential Upside % +12.91 %
4. SBIN
C.M.P - 561.65
TARGET - 640
Potential Upside % +13.95 %
5. BDL
C.M.P - 954.85
TARGET - 1078
Potential Upside % +12.90 %
6. PARAS
C.M.P - 643.45
TARGET - 740
Potential Upside % +15.01 %
7. ONGC
C.M.P - 131.45
TARGET - 148
Potential Upside % +12.59 %
8. POWERGRID
C.M.P - 216.6
TARGET - 248
Potential Upside % +14.50 %
9. RECLTD
C.M.P - 93.55
TARGET - 105
Potential Upside % +12.24 %
10. BAJAJFINSV
C.M.P - 1681.95
TARGET - 1932
Potential Upside % +14.87 %
11. ITC
C.M.P - 344.85
TARGET - 389
Potential Upside % +12.80 %
12. VBL
C.M.P - 1011.25
TARGET - 1145
Potential Upside % +13.23 %
13. LEMONTREE
C.M.P - 84
TARGET - 96
Potential Upside % +14.29 %
14. INDHOTEL
C.M.P - 313.55
TARGET - 360
Potential Upside % +14.81 %
15. KPITTECH
C.M.P - 711.8
TARGET - 801
Potential Upside % +12.53 %
16. HCLTECH
C.M.P - 1025
TARGET - 1175
Potential Upside % +14.63 %
17. VEDL
C.M.P - 279.95
TARGET - 323
Potential Upside % +15.38 %
18. HINDALCO
C.M.P - 392.1
TARGET - 433
Potential Upside % +10.43 %
19. LAURUSLABS
C.M.P - 477
TARGET - 540
Potential Upside % +13.21 %
20. SUNPHARMA
C.M.P - 978.95
TARGET - 1144
Potential Upside % +16.86 %
21. IOC
C.M.P - 67.5
TARGET - 77
Potential Upside % +14.07 %
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy Diwali 🪔🎉✨
Happy learning with trading. Cheers!🥂
ONGC Positional view for upsideNSE:ONGC has retraced 50% on its monthly chart. My view that it can move up after some time of consolidation.
Best level to enter is 122.50-120
My upside target will be:
1st target : 139 & 2nd target: 160
Will exit if price goes below level of 113
Note: This is my personal analysis, only for learners
ONGC 1D TFONGC breaking the Higher high and Higher lows pattern. As the Indian markets are reversing from a important Resistance zone. We can see a good downfall in this stock for upcoming days.
We can expect the first nearby target of around 119 levels and further low can be seen in case the market falls drastically.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
ONGC LONGONGC bouncing back from key support zone.
Keeping a tight SL around 15-20 points, we can expect it's first target of around 30 points.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
ONGC making definetive up movesONGC CMP 162 is looking strong. A long term Candidate. Fresh entry above 164.5 closing. Once this resistance is crossed the targets will be 173 and 181 and 191 in the long term. Stop Loss to be maintained at Closing below 130. ONGC is a High Dividend yield stock. At CMP the Dividend yield is 5.6 %. (If the stock goes down, Dividend yield goes up). (This makes ONGC a very good portfolio stock).
ONGC SHORT TERM SETUPONGC go for a buy if script breakouts and gives you s candle stick confirmation.
aggressive traders can buy after daily chart breakouts
conservative traders can wait for a retracement at new support along with a candle confirmation.
patience will be key also go for min tp of 15% , T1 and T2 are recommended targets
trade with trend is also used as an analysis
ONGC1.FII / FPI or Institutions increasing their shareholding
2.F&O data suggests Long Buildup today
3.12.99% away from 52 week high
4.Mutual Funds have increased holdings from 6.03% to 6.52% in Sep 2021 qtr.
5.Stock with Low PE (PE < = 10)
6.RSI indicating price strength
7.Current price is less than the intrinsic value
8.1 Month: Delivery volume fell by -49.15%
1 Day: Delivery volume increased by 62.16% over 5 day average
9.Net Sales - QoQ Growth in quarter ended Sep 2021 is 12.85% vs -5.28% in Jun 2021
Consolidated Net Profit - QoQ Growth in quarter ended Sep 2021 is 191.74% vs -39.2% in Jun 2021
like if you agree , trade as per targets