OIL INDIA LTD IS A FUNDAMENTALLY STRONG COMPANY WHICH HAS THE VALUATION OF 153 FOR THE YEAR TECHNICAL REASONS TO BUY OIL - 1 - OIL ACHIEVED ITS TARGET ON SHORT SIDE WHICH IS 77 2 - ON NEXT WEEK WE CAN SEE EXTRAORDINARY HUGE VOLUME + DOJI WHICH WE CAN SAY BUYING VOLUME 3 - RSI OVERBOUGHT 4 - PRICE AT BOTTOM OF THE DOWNTREND CHANNEL BUY FOR THE OIL FOR THE TARGET OF 147-153 WHICH IS ONLY 38% OF DOWN SWING AND THE CHANGE IN POLARITY RESISTANCE WITH THE SL OF 63 WHICH GIVES MORE THAN 1:3 RATIO