ONGC - Swing Trade Analysis with AI Signals

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

Swing Trade Rating: 4.2

📊 ONGC offers a low-risk swing setup near DMA support with strong dividend yield and low valuation. Entry is ideal around ₹245–₹248. If already held, consider exit near ₹270–₹274 unless trend strength persists.

Technical & Fundamental Snapshot

• Current Price: ₹252
• DMA 50 / 200: ₹245 / ₹246
• RSI: 57.1 (Neutral zone)
• MACD: 3.83 (Bullish crossover)
• PEG Ratio: -2.23 (Earnings contraction)
• ROCE / ROE: 14.8% / 11.4%
• Dividend Yield: 4.85% (Attractive)
• Volume: 61.5L vs Avg 70.3L

Positive

• Strong dividend yield supports downside protection
• MACD bullish crossover and RSI in neutral zone—room for upside
• Trading near DMA support—ideal for low-risk entry
• Low debt-to-equity (0.12) and P/E of 9.15 vs industry PE of 14.0
• EPS of ₹27.6 and book value of ₹251—valuation support

Limitation

• Quarterly profit variation of -10.2%—earnings contraction
• PEG ratio negative—growth concerns
• Volume below average—momentum needs confirmation

Company Negative News

• Brokerage downgrade from Buy to Hold due to muted profit margin outlook

  Trendlyne

Company Positive News

• ONGC delivered 278% return over 5 years—long-term strength

  stockpricearchive.com

• Q2 PAT of ₹8,024 Cr. vs ₹6,448 Cr. previous quarter—sequential improvement

  The Economic Times

• Analysts see ONGC as a potential multibagger in oil & gas integrated space

  stockpricearchive.com

Industry

• Oil & Gas sector outlook improving with global trade optimism and rate cut hopes

  Cafemutual

• Industry PE: 14.0 vs ONGC PE: 9.15—valuation remains attractive

Conclusion

• Entry Zone: ₹245–₹248 (near DMA 50/200)
• Exit Zone: ₹270–₹274 (near 52w high)
• Rating: 4.2 — low-risk swing candidate with valuation support and dividend cushion

Sources

Cafemutual

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