ONGC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | ONGC | Market Cap | 3,44,637 Cr. | Current Price | 274 ₹ | High / Low | 308 ₹ |
| Stock P/E | 10.5 | Book Value | 264 ₹ | Dividend Yield | 4.47 % | ROCE | 13.0 % |
| ROE | 10.2 % | Face Value | 5.00 ₹ | DMA 50 | 284 ₹ | DMA 200 | 265 ₹ |
| Chg in FII Hold | 0.54 % | Chg in DII Hold | -0.39 % | PAT Qtr | 6,650 Cr. | PAT Prev Qtr | 8,372 Cr. |
| RSI | 36.9 | MACD | 0.15 | Volume | 3,01,71,596 | Avg Vol 1Wk | 1,62,76,378 |
| Low price | 229 ₹ | High price | 308 ₹ | PEG Ratio | -1.03 | Debt to equity | 0.10 |
| 52w Index | 57.5 % | Qtr Profit Var | 3.13 % | EPS | 26.2 ₹ | Industry PE | 30.0 |
📊 Optimal Buy Price (Intraday): ₹270–272 (near 200 DMA support at ₹265, with momentum confirmation)
🎯 Profit-Taking Levels: ₹280–285 (close to 50 DMA resistance at ₹284)
🛡️ Stop-Loss / Loss Protection: ₹266–267 (below 200 DMA support zone)
⏱️ Exit Strategy (If Already Holding): Exit if price fails to sustain above ₹267 with weakening volume, or book profits if RSI approaches 42–44 and momentum flattens. Extend trades only if breakout above ₹285 occurs with strong intraday volume.
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### Positive
- Strong dividend yield (4.47%) supports investor sentiment.
- Debt-to-equity at 0.10 indicates a very healthy balance sheet.
- EPS at ₹26.2 reflects stable earnings base.
- Volume (3.01 crore) significantly above weekly average (1.62 crore), showing strong intraday participation.
### Limitation
- RSI at 36.9 indicates oversold territory, limiting bullish momentum.
- MACD (0.15) is flat, showing weak trend strength.
- PAT declined sequentially (₹8,372 Cr. → ₹6,650 Cr.), reflecting earnings pressure.
- Valuation discount (P/E 10.5 vs industry 30.0) suggests market skepticism.
### Company Negative News
- DII holding reduced (-0.39%), showing cautious domestic sentiment.
- Profit variation (+3.13%) is modest compared to sector peers.
### Company Positive News
- FII holding increased (+0.54%), indicating foreign investor confidence.
- Dividend yield remains attractive for income-focused investors.
### Industry
- Oil & gas sector facing volatility due to global crude price swings.
- Industry PE (30.0) much higher than ONGC’s P/E (10.5), reflecting undervaluation but also growth concerns.
### Conclusion
ONGC presents a cautious intraday trading opportunity with high liquidity but weak momentum indicators. Best suited for disciplined trades between ₹270–285 with strict stop-loss at ₹267. Avoid aggressive positions unless RSI recovery and breakout above ₹285 confirm strength.
Would you like me to extend this into a sector overlay HTML report comparing ONGC’s intraday setup against Reliance Industries, Oil India, and GAIL for a broader energy-sector perspective?