ONGC Futures Showing Sign’s of Reversal?

ONGC Futures

ONGC Futures (March 2014) on the 15min Intratrend Charts is in Buy mode since 18th Feb 2014 and the Buy mode continuing for a prolonged time. And the stochastic signals overbought levels. It is expected to break the support zone and turn to sell mode. One can short if ONGC Future closes below 316 on the 15min charts.

ONGC Short Signal Triggered Update as on 19th March 2014 EOD

ONGC

Related Readings and Observations

  • Stocks to Watch out on Union Budget 2015 In My last article, I mentioned about trading budget and market related to budget. In this one I will shed light on the stocks in my radar screen which I feel would provide some trade […]
  • Tata Consultancy Services-PBT Technical analysis Tata consultancy services is one of the few popular stocks in the service sector.But recently-it moved into a Range bound environment which caught my eye. Technically market is in a […]
  • 7 Long Term Charts to Watch CNX Small cap index maitains the long term sell mode since Jul2014 and currently on the verge of breakout any close above 5291 on daily basis could change the trend to long term buy mode.
  • Price Behavior Analysis-Reliance Playing in the Range Reliance is down so far since May-June Phase (see the chart). And also if you notice closely there is no clear trend as price is moving from range to another range with small swings in […]

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *