Oil India Limited
Short
Updated

OIL INDIA lost viscosity!

373
OIL INDIA followed trendline from 30th August 2024 to 31st December 2024 (for 4 months) and has given a breakout.

From 2nd Jan to 23rd Jan it followed the box and couldn't show strength and lost momentum on 24th Jan.

Plan trade accordingly.

Trade active
Made money?
Note
Buy above 382.
Note
448 has become major resistance now. Watch for break above it.
Note
Exactly as mentioned!
Note
448 R1, 500 R2. OIL INDIA LTD is beyond repair as long as the price doesn't breach, Resistance 1 and 2.
Note
OIL INDIA LTD 497 Support

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