OIL INDIA LTDShort
OIL India Getting Tired
Updated
After running a marathon from lows of 300 Levels to its 200 Daily EMA, Oil India showing signs of some tiredness at upper levels.
For me the setup is optimum for a short trade in Futures, Writing 450 call option or Buying a Put. Well take your bet as per risk.
Target for coming week should be 412 . But since its a expiry week be bit vigilant and alert.
CMP- 437.50
Target 412
SL- 453
For me the setup is optimum for a short trade in Futures, Writing 450 call option or Buying a Put. Well take your bet as per risk.
Target for coming week should be 412 . But since its a expiry week be bit vigilant and alert.
CMP- 437.50
Target 412
SL- 453
Trade active
ON THE WAY TO TARGET
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