Watch Out! Cautious ! May go either ways

Updated
Long term trends indicate that the stock may move up while short term trends disagree.
Now in the transistion zone. Lets see where it pans out.
Will depend a lot on oil prices in the market.
Watch the triangle!

What is your call on Oil India?
Please comment
Note
Still in the positive zone after 2 weeks
Note
Gone to the negataive zone.
Note
There is support on the trendline as it can be seen that there is a spinning top like formation. Expecting upward movement till 210 levels in coming weeks
Chart PatternsTrend Analysis

Also on:

Disclaimer