Close ur eyes and trust me, it is going to give u 80-90% in next 2 years.
and remember the 8-10% ROI as dividend per year.
inv h&S formed on weekly charts, and target are big, very big.
📊 DETAILS
Sector: Oil Exploration and Production
Mkt Cap: 38,539 cr
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.
TTM PE : 6.56 (High PE)
Sector PE : 7.62
Beta : 0.77
📚 INSIGHTS
...
There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS}
OIL INDIA LIMITED
Target: RS 592
CMP: RS 563.15
ENTRY RANGE: 557-568
STOP LOSS: RS 450
Disclaimer: I am not Sebi Registered.
#OIL trading above Resistance of 502
Next Resistance is at 774
Support is at 334
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only....
Long in Oil India With SL 377
Triangle Breakout Might continue Previous Rally
and that is how Market runs ...
Rally-Consolidation-Rally
Risk Disclaimer - Trade at ur own Risk
-Broke 13 Year Old Very Strong Resistance With High Volume
-Rsi, Adx, Macd showing strong upside momentum possible
-i am personally waiting for a little bit retracement
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
this is the zone pending orders
of the big institutions or smart are
pending.. we are looking to join them
when the or if the price comes down to this
zone.. so that pending orders of the
institutions and our buy orders will get
executed.. rally base rally setup.. only for edu purpose
NSE: OIL is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed...
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Swing Trade Idea for the upcoming week and the following days
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3....
Stocks trading near their high in the past 4 months with rising volumes and closing strong, indicating a possible breakout
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning porpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor,...
