ONGC - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

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IntraDay Trade Rating: 3.6

💹 Optimal Buy Price: ₹248–₹250 (near 50 DMA and short-term support)

🎯 Profit Target: ₹256–₹259 (resistance zone below recent swing high)

🛡️ Stop Loss: ₹244 (below 50 DMA and psychological support)

📊 Exit Strategy if Already Holding: Consider exiting near ₹258 if RSI approaches 60 and MACD flattens. Watch for price rejection near ₹259 and volume divergence.

✅ Positive

• 📈 Strong quarterly PAT: ₹8,024 Cr vs ₹6,448 Cr
• 📊 RSI at 57.1 and MACD at 3.83 indicate mild bullish momentum
• 📈 Trading above both 50 DMA and 200 DMA confirms technical support
• 📉 Debt-to-equity ratio of 0.12 reflects low financial leverage
• 📈 EPS of ₹27.6 and P/E of 9.15 suggest undervaluation compared to industry PE of 14.0

⚠️ Limitation

• 📉 Volume today (61.5L) is below 1-week average (70.3L)
• 📉 PEG ratio of -2.23 indicates weak growth expectations
• 📉 FII holding declined by 0.10%, showing slight foreign investor caution
• 📉 Quarterly profit variation of -10.2% suggests earnings volatility

🚫 Company Negative News

• 📉 No major negative news reported recently

📢 Company Positive News

• 📈 Stable dividend yield of 4.85% enhances investor appeal
• 📊 Price action near 52-week high (69.2% index) shows strength

🏭 Industry

• 🛢️ ONGC operates in the oil and gas exploration sector, which is cyclical and influenced by global energy prices
• 📈 Industry P/E of 14.0 supports long-term valuation potential for profitable players

🧾 Conclusion

📌 ONGC presents a moderately favorable intraday setup with solid fundamentals, technical support, and mild momentum. Traders may consider entering near ₹249 with a target of ₹258 and stop loss at ₹244. If already holding, monitor RSI and MACD for exit signals near resistance.

I can also help you compare ONGC’s intraday setup with peers like Oil India or GAIL to identify sharper trade opportunities.