ONGC - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 3.9

📊 Swing Trade Analysis: ONGC (Oil and Natural Gas Corporation)

ONGC presents a moderately strong swing trade setup. It offers solid fundamentals and attractive valuation, but technical indicators suggest a lack of momentum. This setup suits value-oriented traders who are comfortable entering during consolidation phases.

✅ Strengths

Valuation & Profitability

P/E (8.54) vs Industry PE (11.6): Undervalued.

EPS (₹27.6) and Book Value (₹251): Strong earnings and asset base.

ROCE (14.8%) and ROE (11.4%): Healthy capital efficiency.

Dividend Yield (5.20%): Attractive for short-term holders.

Debt-to-Equity (0.12): Low leverage.

PAT Qtr (₹8,024 Cr.) vs Prev Qtr (₹6,448 Cr.): Sequential improvement.

Volume Surge

Current Volume (1.16 Cr.) significantly above 1-week average — strong trader interest.

⚠️ Weaknesses

Technical Indicators

MACD (-0.92): Bearish crossover — signals weak momentum.

RSI (49.6): Neutral zone, lacks breakout strength.

Price below 50 DMA (₹237) and 200 DMA (₹245): Indicates short-term downtrend.

Growth Metrics

PEG Ratio (-2.08): Indicates poor growth relative to valuation.

Qtr Profit Var (-10.2%): Year-over-year decline.

FII & DII Holding Decline: Mild institutional pullback.

52w Index (31.5%): Trading in lower range — sentiment remains weak.

🎯 Optimal Entry Price

Entry Zone: ₹225–₹230

A dip near this level offers a better risk-reward setup, especially if MACD starts to reverse and RSI climbs above 55.

🚪 Exit Strategy (If Already Holding)

Target Exit Price: ₹255–₹260

Near 200 DMA and intermediate resistance.

Stop Loss: ₹220

Just below recent support and psychological level.

Time Horizon: 1–2 weeks, depending on technical recovery and volume behavior.

This setup suits swing traders who prioritize value and dividends, and can manage short-term volatility. Let me know if you'd like help tracking this trade or scanning stronger breakout setups.

Edit in a page