Sell on Rise in FutureAny Rise and reverse in 15 Mints above 213 its sell with stop on Closing basis 214.50 for Target of 200 below if on open the current low is broken then can Go short but the stop should be the same
OIL trade ideas
buy with a intraday target of 2 to 3 points and week target-10go long as it was came from bearish phase..
OIL Long BuildupWill love to long with a stop loss at 207.75. It has long built up today finally as per Open Interest but I am not liking the way it gave up the gains with the market.
Let's see if it gap ups or gap downs. We shall trade accordingly.
OIL - Bullish TrendVolume 5 times higher than average 10 days volume. Waiting for to cross above 50 DMA (354).
Oil India Short and Mid term viewRefer above chart. MACD,CCI,&Stochastic will help to further move on upward direction. PSAR also turns sell to buy condition. Breakout also done in a Parallel channel.
Vijayaraghavan,
Kovilpatti.
Oil India - At support!Price action has taken support. Buy above 216 with the stop loss of 213. Targets are 220, 224 and 228.
Oil India - Symmetric triangle break outNSE:OIL Symmetric triangle break out with volume
Go long above - 353.60
T1 - 366.40
T2 - 388.20
SL - 330.45
Classical Rectangle Pattern !The stock is moving in the Rectangle nicely so one can buy at the bottom and reverse the trade in case it does not sustain and breaks out of the channel.
Oil India: Channel Breakout potential tradeOil India
CMP 381.50
The view is mentioned in the chart...!!!
Additional info
Price to Earning Ratio: 11.2
Dividend yield: 3.73%
Take care & safe trading...!!!
Oil India - At its key resistanceNSE:OIL after a steller run is being consolidating for past 2 months and now it is near to its key resistance. Breaking above 377 will trigger a massive upside move.
Long above 379.80
T1 - 401.60
T2 - 416.52
SL - 360.40
Expecting Breakout for long swing trade,Buy Oil india at 385 buy at or above=385
target=400,438,482
sl=340,365,395
taking support at gann level and fibonacci level,
supporting elliot theory,
high resistance breakout,
profitable for long swing trade
Triple Top Breakout in OIL INDIA..BUY above 380 for 405Triple Top Breakout in OIL INDIA..BUY above 380 for 405
OIL shortGlobal crude prices are increasing creating pressure on oil companies
OIL short idea based on S&R. script trading at it's resistance level
Bearish Candle pattern also indicates reversal
Once can short 360CE with stop loss as described
Sell on Rise The stock have is heading down ward , it may enter small up side pull back , I am looking to sell on rise
for Target
Regards
OIL India is short here.Stochastic @ overbought level. Now Bearish engulfing candle. Short with stop loss of 10 Points (315). Target first band & second band(285/262). Good Risk Reward ratio.
OIL India - A good doom!OIL india had a good up-journey and is now ready for possible major consolidation.
OIL india generated a nice bearish engulf followed by a sense of confusion in the stock
Short OIL India
CMP - 350
Short below 345 (risk takers can short right away)
Target - 339 / 323 / 295
SL - 360 (people who are looking for smaller SL can keep it at 355)
