Drill for oil ?
Updated
As we can see OIL has given break-out from Cup&handle pattern
Its 8 day delivery average is 53%.
As well as today's open interest change in around 3.69% which show large numbers of long positions.
MACD is positive.
Considering all the facts and numbers one can take long positions for this series
TGT:310-330
SL:280
Please take note I am not SEBI registered adviser and this is my personal view please consult your adviser befor investing
Its 8 day delivery average is 53%.
As well as today's open interest change in around 3.69% which show large numbers of long positions.
MACD is positive.
Considering all the facts and numbers one can take long positions for this series
TGT:310-330
SL:280
Please take note I am not SEBI registered adviser and this is my personal view please consult your adviser befor investing
Trade active
Trade active
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.