ONGC achieved another target on upside

https://ganninsides.com/2024/07/08/ongc-achieved-target/

ONGC prints 324 today and accomplished another target on upside.
Since mid june I have been bullish on this STOCK and it has done well.
still dont think upsides are done yet.
A close above 331 here could trigger another 10% upside which can take it closer to 360.
A fresh entry wont be ideal at current rates better to wait for an ideal pullback for that.

ONGC UPDATE

ONGC has been one of the strongest STOCK in whole of PSU sector baaring DEFENSE,

technicaly setup is strong and during next few days we would continue to expect further higher highs here above MAY high of 292,
Looking at its pattern placement we would prefer to buy this STOCK at CMP and on dipps till 260 for potential target objectives of 300 and 324 on cash in coming days and weeks.

ICICI BANK UPDATE

ICICIBANK possibly squared out its PRICE with TIME at its 30th,APRIL high,


this PRICE and TIME SQUARING has happened from 2023 lows  so the significance of APRIL high of 1169 is quiet massive, if STOCK sustains below this level for couple of more weeks then it could retrace its entire upmove from 2023 lows.
For near term 1100 is a key pattern support once that breaks stock should drift lower towards 1053 and 1005 on cash in next few days!

DLF approaching a medium term reversal

DLF is approaching its significant multi pattern support which stands at 800 on cash,  800 is a medium term support here, if that breaks STOCK should enter in medium term corrective phase  which ideally would retrace decent portion of the entire advance from 2023 lows. for short term  once 800 breaks we should get stock towards pattern objectives of 767 and 735 in next few days.
Watch out!

BANKBARODA is approaching critical support

BANKBARODA is approaching its highly critical support of 250.
A break of 250 would technicaly reverse the uptrend here which have been going on since MARCH 2023.
There is a fare possibility that the entire rally officially ended at MARCH 2024 high of 285,
but we would still prefer to wait  until level of 250 is broken.
Once that breaks we would get 3,dimensional breakdown on gann setup which would have target objectives of 229 and 210 on cash  in coming days!