Hello Traders,
- ONGC is trading at a place called AOI (Area of Interest) A place from where price usually reverses.
- 218 levels is acting as a strong support pushing prices higher after a intraday low of about 3% making a big pin bar candle on 1D chart
- Inverted head and shoulder on 15m timeframe.
PRO TIP/-
The Entry Line is the Neckline of the inverted Head and shoulder.
Target 1:- 228
Target 2 :-231
Entry Criteria
Strong Close above Entry Line (225) 15mins TF
Stoploss
Entry Candle Low (not more than 0.8%)
Not an Investment Advise