Certainly! Let’s delve into the technical analysis of Oil and Natural Gas Corporation (ONGC). Keep in mind that this information is not investment advice, but rather an overview of popular technical indicators.

  1. Moving Averages:
    • Exponential Moving Average (EMA) (10, 20, 30, 50, 100, 200): These moving averages help identify trends and potential reversal points.
    • Simple Moving Average (SMA) (10, 20, 30, 50, 100, 200): Similar to EMA, SMAs provide insights into price trends.
  2. Oscillators:
    • Relative Strength Index (RSI) (14): Currently, the RSI is neutral.
    • Stochastic %K (14, 3, 3): The stock is in a selling zone.
    • Commodity Channel Index (CCI) (20): No specific signal.
    • Average Directional Index (ADX) (14): No clear trend.
    • Awesome Oscillator: Notable for its lack of awesomeness (no strong signal).
    • Momentum (10): Neutral.
    • MACD Level (12, 26): No strong signal.
    • Stochastic RSI Fast (3, 3, 14, 14): Neutral.
    • Williams Percent Range (14): No specific direction.
    • Bull Bear Power: Not indicating a strong bullish or bearish sentiment.
    • Ultimate Oscillator (7, 14, 28): Neutral.
  3. Pivots:
    • Classic Pivot Points: Not specified.
    • Fibonacci Pivot Points: No specific levels.
    • Camarilla Pivot Points: Not provided.
    • Woodie Pivot Points: No clear levels.
  4. Summary:
    • Overall, the technical indicators suggest a mixed picture for ONGC.
    • The stock is currently in an uptrend on the daily chart, forming a rising channel and a cup & handle pattern.
    • The RSI is in the overbought area, indicating a potential correction before further upward movement.

Remember to conduct thorough research and consider other factors before making any investment decisions. For more detailed real-time analysis, you can explore our platforms reach us on 8126337161 or log in to our website www.innovatorsandyou.com

Ajay Kumar


Ajay Kumar is an entrepreneur who started his career early at age of 16. He started his own company at age of 21, made it a success. He has the ability as excellent stock market analyst with technical knowledge of the subject; Ajay can help you save a lot of money which you give the market after making your losses. He is the only one who has made INNOVATORS AND YOU as the best and the fastest growing institute for stock market in ASIA. Ajay Kumar is an MBA Professional with vocational experience in financial analysis. He is Expert in proceeding placements and imparting workshops. Active orator in share markets, micro/macro economics and stock analysis. A wordsmith in writing articles. Certificate holder in various modules of top financial institutes. Proficient in providing knowledge of financial modeling, financial derivatives, financial markets, ratio analysis, corporate valuation, mutual fund and much more.

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