Monday, October 12, 2015

ONGC

ONGC is at Reverse Resistance on both daily and weekly charts. Stock has formed a Doji today and closed near the low of the day which signifies that the down trend is possible. This will be confirmed if the stock opens / trades lower tomorrow.

Also, the stock is at oversold condition and trend line resistance. Target can be 242 & 220 with SL 268.


Disclaimer:
All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.

Sunday, October 4, 2015

TITAN - Showing Signs of Bullishness

Titan Industries is retesting its earlier Break Out levels on Weekly Charts. There is a buying opportunity above 330.

Disclaimer:
All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.