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MandeepSinghKohli
Oct 1, 2022 9:38 AM

Breakdown in Oil India Limited (OIL)... Short

OIL INDIA LTDNSE

Description

Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistance (close above which, setup will be invalidated) are clearly defined.

Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Comments
mydads_dna
Sir, how do you take short position
MandeepSinghKohli
@mydads_dna I know it is not in FnO so can't take short trade. FYI if anyone holding it can exit and enter at support...
mydads_dna
sir is STBT works in Indian stock Market??
I heard many peps talking about it...how they do it??
MandeepSinghKohli
@mydads_dna Yes STBT BTST works but are too risky. Very difficult to maintain risk/reward...
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