📊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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.