Oil India ready for the uptrend!🤩💸🔥Buy Oil India for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡About Company:
Oil India Ltd is engaged in exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. It also provides various E&P related services for oil blocks.
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💡Revenue Breakup:
Presently, the sale of crude oil accounts for ~76% of revenues, followed by Natural Gas (18%), transportation (pipeline) (~3%) and others (3%).
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✔️ Technically & Fundamentally Strong💪💪
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‼️ The stock had given a multi-year breakout in September 2021 and then it was in a retracement phase. Now with the completion of the retracement which is evident by the Higher high and Higher low formation, we can expect a strong uptrend from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Oil
Hello again here with a new idea on oil ltd.Yesterday oil india limited gave a channel breakout with a huge voloume . One more thing is that in previous three candles it is making a pattern of morning star . So I will be bullish on this stock if it gave a confirmation on monday else i will be entering in it on wednesday. This is my own research do yours as well and its my opinion and should not be taken as tip. Thanks follow for more.
Crude oil analysis USDCrude oil is trading within a bullish channel and gaining from last 4 trading sessions. According to price action consolidation near previous high will make it more bullish and we can see 92 to 95 level near future.
On the flip side if fails to breakout above previous high we can see profit booking or consolidation.
CRUDEOIL SHORTI hope you can now see how CRUDEOIL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Trend Reversal for ONGCLOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis.
Crude (UK Oil)#Brent #UKOIL #Crude
Max to max again 86$ seen possible but If unable to sustain above 86$ then?
1: Interest rate hikes & Tappering in Bond buying will increase Dollar Values against every currency.
2: If unlimited given support by Central Bankers will not perform well then demand will reduce & supply will increase.
hindustan oil explorationshare name : hindustan oil exploration
call type : poistional
-I am posting this chart on monthly time frame because of I have to show support and resistance of this share. How beautifully everything is working
- After forming a high of 400 in 2009 share is in a good downtrend
- From 2012 and 2020 share is forming a range means it is in a consolidation phase 30-150 for a trend change
- Share is also a forming pole and flag pattern to with a good retracement of 0.58 on fiboo
- we can see targets of 285 in upcoming days
- we can accumulate at this current level with sl of 145
- approachable targets 225,250, 285++
thanks
⛽ Crude OIL Traget MCX MCX:CRUDEOIL1!
Here We Are Using Harmonic For Target, it's A Unique Way To Use Harmonic, Long Above previous candle high stop loss already given on the chart. Trade as per your trade setup. As we are just adding quantity, our holdings from very low levels.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Crude 3 possibilities 1 ResultIn my view cycle from Mar20 Low is completed with wave I red and now we are into formation of corrective cycle in 5-3-5 pattern ((A)) -((B))-((C)) black. Out of which ((B)) black is either completed as shown in BROWN path or can complete after one more leg up as shown in BLUE path or BLACK path.
In either case we are expecting one more 5 wave down to ((C)) black once ((B)) black connector is done. Once 4706 level low made on 02DEc is broken that will confirm connector is made and based on that we will be able to identify the entry level for our Long position. and we will be entering Crude in Blue color area marked for at least a bounce or a reversal of trend.
Unlocking The Next Targets of MCX Gold, Crude oil, & AluminiumGold Price Slowly Going Upside
Key levels: 48113 - 47616
MCX gold has been moving under the range of 48113 - 47616. It's a very crucial point. We may see a continued uptrend ahead if it breaks and close above 0.382 retracement level. That can be up to 48260 - 48490 - 48600 - 48700.
And if it breakdown the 0.5 retracement level, then we may see 47496 - 47300 - 47160.
Kindly note, 47616 is strong support.
***Beware, Crude Oil Bulls - That’s the Beginning of the End***
Barrier: 6290 level
Crude oil may keep running upward for the levels of 62360 - 6500+. To maintain an uptrend, it has to crossover the hurdle level of 6290 by closing above.
And if it breaks the level of 6060, then wait for my update.
***Aluminium Is Going To Test Critical Technical Support Levels***
MCX Aluminium is coming back to the strong support of 226.6. Be ready to jump on it.