OIL INDIA LTD -- INTRADAY SETUP -- 25/03/3022

OIL INDIA LTD -- INTRADAY SETUP -- 25/03/2022

15 MIN CHART
1. Stock technically strong bullish indications RSI move above 60

2. MACD above Center on daily chart

3. BUY above falling channel breakout LEVEL above 237 For bullish trend confirmation

4. No trade if gapdown open more then 70-80 Points of nifty..reason RSI trend momentum .

BUY OIL INDIA LTD above 237 ( intraday )

TARGET 240-242-245

stop loss 232

** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !

HAPPY TRADING. !

Comment:

trade execute only if buy order execute above 237 . till now buy rate not trigger ,
9.25 am 25/03/2022

Comment:

NIFTY trade at very narrow range hence NO TRADE .

Trade closed manually