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
Comment
⋅
Still in the positive zone after 2 weeks
Comment
⋅
Gone to the negataive zone.
Comment
⋅
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