After a strong upward movement its coming down but there can have 2 possibilities
1)Once consolidation overs(takes support(marked with green )at previous resistance then HH&HL formation in lower timeframe) can be a entry for LONG.
2) If it breaks below upper support level and then there might be chances that it will take support at next support level.
Again we have to wait for the confirmation then take entry for long.
1)Once consolidation overs(takes support(marked with green )at previous resistance then HH&HL formation in lower timeframe) can be a entry for LONG.
2) If it breaks below upper support level and then there might be chances that it will take support at next support level.
Again we have to wait for the confirmation then take entry for long.
Trade active:
ONGC is ready for entry.SL below 154.8 TGT-163/169
Trade closed: target reached:
Target1 Reached today
Trade closed: target reached:
All traget done