Get started
OIL INDIA LTD.OIL INDIA LTD.OIL INDIA LTD.

OIL INDIA LTD.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

OIL trade ideas

[Positional] OIL Support and Resistance Trade Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
NSE:OILLong
by Amit_Ghosh
Swing This chart shows the daily price movement of Oil India Ltd (OIL) with key technical analysis elements: Analysis: Trendline Breakout: The orange descending trendline represents a downtrend. The current price has broken above this line, indicating a potential reversal of the bearish trend. Support Level (₹463.75): The lower horizontal line around ₹463.75 serves as a strong support, where buyers have consistently entered the market to prevent further declines. Resistance Level (₹538.20): The upper horizontal line at ₹538.20 acts as resistance, where the price has faced selling pressure in the past. Current Price Action (₹507.15): The price is currently at ₹507.15, showing a strong 4.34% gain today, with increased bullish momentum. Volume: The volume bar shows moderate trading activity, supporting the breakout. Key Insights: The breakout above the downtrend line suggests bullish momentum. If the price sustains above ₹507.15, it could aim for ₹538.20 resistance. A rejection could lead to a retest of the ₹463.75 support. Recommendation: Monitor for sustained movement above the trendline and watch the ₹538.20 resistance for further confirmation of a trend reversal.
NSE:OILLong
by iamsaurabh533
Keep An Eye - Breakout Soon - OIL📊 Script: OIL 📊 Sector: Crude Oil & Natural Gas 📊 Industry: Oil Drilling / Allied Services Key highlights: 💡⚡ 📈 Script is trading near at its resistance level which is 645. 📈 Script should give closing above 645 level so that we can see good rally. 📈 Script is trading at upper band of BB. 📈 MACD and Double Moving Averages are giving crossover. 📈 Right now RSI is around 59. 📈 One can go for Swing Trade only above 645. BUY ONLY ABOVE 645. ⏱️ C.M.P 📑💰- 636 🟢 Target 🎯🏆 - 691 ⚠️ Stoploss ☠️🚫 - 625 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:OILLong
by radha_23