Bearish wave setup on #ONGC! 📉 Potential Elliott Wave counts suggest the stock is currently unfolding in Wave 5 on the downside.
🎯 Downside Targets: ₹225 - ₹223
🛑 Invalidation Level: ₹254.25
Keeping a close watch on price action for continuation toward the target zone. 📊
TCPLPACK looks super strong, but running into a late-entry dilemma on the Stop-Loss:
• Tight SL: Great RR, but high risk of getting shaken out by noise.
• Wide SL: Avoids premature exit, but dilutes RR.
How to place Stop here? @finallynitin your thoughts ?
PB Fintech : Shared this set up on Telegram around 1847 and hits intraday high of 1899. It was inching up on slow and steady volumes
https://t.co/oM5ihCu1S7