📊OGDC in Correction Phase
Current price: 290
🔎 Important Levels
🟢 Strong Support Zone:
276 – 281 (0.618 Fib + horizontal support)
in this zone demand expected.
🔴 Resistance:
300 – 305 (minor resistance)
320 – 335 (major resistance / previous high)
📈 Possible Scenarios
✅ Bullish Case:
if hold 276–281 zone:
Target 1 → 305
Target 2 → 320
Extended target → 335
❌ Bearish Case:
if break below 276 daily close
Next support → 260
Major support → 247
💼 Trading Plan
🔹 Short Term Buy Idea:
Entry: 280–285 zone
Stop loss: 274 daily close
Target: 305 / 320
👉 Risk Reward approx 1:2 ya us se better ban sakta hai.
🔹 if already OGDC holding person what to do it:
if don't break 276 hold .
305 par partial profit book .
📊 Overall Trend
Long term structure still bullish.
🟢 Long-Term Support Zones
275–280 → Major demand (weekly structure + Fib confluence)
247–255 → Strong base support (trend invalidation area)
if don't break price 247 on weakly close , long-term trend still bullish.
🔴 Long-Term Resistance / Targets
320–335 → Supply zone (previous high)
📊 Summary
✔ Structure bullish
✔ Pullback healthy
✔ 247 break below major weakness
✔ 335 breakout = fresh bullish leg
🎯 Simple Answer
✔ 276 hold kare = upar jaane ke chances zyada
❌ 276 break kare = neeche jaane ke chances zyada
yehi area ogdc ka trend define kar ga
Current price: 290
🔎 Important Levels
🟢 Strong Support Zone:
276 – 281 (0.618 Fib + horizontal support)
in this zone demand expected.
🔴 Resistance:
300 – 305 (minor resistance)
320 – 335 (major resistance / previous high)
📈 Possible Scenarios
✅ Bullish Case:
if hold 276–281 zone:
Target 1 → 305
Target 2 → 320
Extended target → 335
❌ Bearish Case:
if break below 276 daily close
Next support → 260
Major support → 247
💼 Trading Plan
🔹 Short Term Buy Idea:
Entry: 280–285 zone
Stop loss: 274 daily close
Target: 305 / 320
👉 Risk Reward approx 1:2 ya us se better ban sakta hai.
🔹 if already OGDC holding person what to do it:
if don't break 276 hold .
305 par partial profit book .
📊 Overall Trend
Long term structure still bullish.
🟢 Long-Term Support Zones
275–280 → Major demand (weekly structure + Fib confluence)
247–255 → Strong base support (trend invalidation area)
if don't break price 247 on weakly close , long-term trend still bullish.
🔴 Long-Term Resistance / Targets
320–335 → Supply zone (previous high)
📊 Summary
✔ Structure bullish
✔ Pullback healthy
✔ 247 break below major weakness
✔ 335 breakout = fresh bullish leg
🎯 Simple Answer
✔ 276 hold kare = upar jaane ke chances zyada
❌ 276 break kare = neeche jaane ke chances zyada
yehi area ogdc ka trend define kar ga
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.