OIL INDIA LTDOil India Ltd #OIL
Resistance 530. Watching above 531 for upside movement...
Support area 520. Below 525-520 ignoring upside momentum for intraday
Support 520.Watching below 519 for downside movement...
Resistance area 530
Above 525-530 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Oilindialtd
Oil India Cmp 584.55 by Daily Chart views*Oil India Cmp 584.55 by Daily Chart views
- Support Zone 535 to 545 Price Band
- Resistance Zone 615 to 625 Price Band
- Volumes are flattish need to increase for a fresh upside
- Daily basis Support at 545 > 498 > 455 with Resistance at 625 > 668 > 704
- Breakout from the Falling Price Channel and attempts to cross the Falling Resistance Trendline