Hind Oil Exp - Crude play
With crude prices popping further and stock markets correcting this co could provide the opportunity.
Long around 155/153 with a 5% SL or 146 with a 5% SL...depending on where the stock reverses.
There could be an RSI positive divergence which is a good thing.
Look for a reversal to first come in this sector... (While focusing on stocks which don't attract windfall taxes)
Long around 155/153 with a 5% SL or 146 with a 5% SL...depending on where the stock reverses.
There could be an RSI positive divergence which is a good thing.
Look for a reversal to first come in this sector... (While focusing on stocks which don't attract windfall taxes)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.