ONGC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | ONGC | Market Cap | 3,33,252 Cr. | Current Price | 265 ₹ | High / Low | 293 ₹ |
| Stock P/E | 10.2 | Book Value | 267 ₹ | Dividend Yield | 4.62 % | ROCE | 14.8 % |
| ROE | 11.4 % | Face Value | 5.00 ₹ | DMA 50 | 264 ₹ | DMA 200 | 252 ₹ |
| Chg in FII Hold | 0.45 % | Chg in DII Hold | -0.27 % | PAT Qtr | 8,372 Cr. | PAT Prev Qtr | 9,848 Cr. |
| RSI | 45.8 | MACD | -0.05 | Volume | 90,27,484 | Avg Vol 1Wk | 1,79,20,811 |
| Low price | 205 ₹ | High price | 293 ₹ | PEG Ratio | -2.49 | Debt to equity | 0.10 |
| 52w Index | 67.9 % | Qtr Profit Var | 1.60 % | EPS | 26.0 ₹ | Industry PE | 23.3 |
📊 Analysis: ONGC trades at ₹265, close to its 50 DMA (₹264) and above 200 DMA (₹252), showing stability. RSI at 45.8 and MACD near neutral (-0.05) suggest consolidation with potential for mild upside. Volume is below weekly average, indicating reduced intraday participation. Fundamentals remain strong with ROCE 14.8%, ROE 11.4%, and high dividend yield (4.62%). Intraday bias is slightly bullish but momentum is limited.
💡 Optimal Buy Price: ₹262–265 if price holds above 50 DMA.
🎯 Profit Exit Levels: ₹272 (first target), ₹278 (second target).
🛡️ Stop-Loss: ₹259 (below intraday support).
⏱️ If Already Holding: Exit near ₹272–278 if momentum weakens. If price breaks below ₹259 with volume spike, cut position immediately.
✅ Positive
- Strong ROCE (14.8%) and ROE (11.4%).
- High dividend yield (4.62%) adds investor appeal.
- EPS at ₹26.0 shows solid earnings base.
- FII holdings increased (+0.45%).
- Stock trading above 200 DMA, showing long-term strength.
⚠️ Limitation
- Quarterly PAT declined from ₹9,848 Cr. to ₹8,372 Cr.
- RSI at 45.8 indicates weak momentum.
- Volume below weekly average, reducing intraday conviction.
📉 Company Negative News
- DII holdings decreased (-0.27%).
- Quarterly profit decline may weigh on sentiment.
📈 Company Positive News
- Dividend yield among the highest in sector (4.62%).
- Stable debt-to-equity ratio (0.10), strong balance sheet.
🏭 Industry
- Industry P/E at 23.3, ONGC trades at 10.2, showing undervaluation.
- Energy sector supported by global demand, but cyclical with crude price volatility.
🔎 Conclusion
ONGC is a low-risk intraday candidate with strong fundamentals and undervaluation relative to industry. Momentum indicators suggest consolidation, but dividend yield and FII inflows support stability. Best approach: buy near ₹262–265, exit at ₹272–278, and protect downside with stop-loss at ₹259.
Would you like me to prepare a basket overlay with peer benchmarking (e.g., Oil India, GAIL, Reliance Energy) so you can compare ONGC’s intraday strength against other energy sector stocks? This will highlight whether ONGC is leading or lagging within its sector.