OIL -Swing Long with a target of 160-170Accumulation is going on. Price is making HL. Suitable for Long with 150, keeping SL 147
OIL trade ideas
OIL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
randomeness with biasness with greediness-hurriness-----moneyyou have to be free ----clear-----no egarness----as the results are not good
OIL 150 || LONG || INTRADAYBUY above 150 SL 149
Targets 152, 154, 155, 157, 158
OR
OIL 26SEP 150 CE (₹6.60), 155 CE (₹1.70)
Game Over This drop will be last drop for this scrip then its Going to make Turn around for Larger Move up
One can look for trading this last drop in Future contract
Brake of the daily low hit the sell and if Move up hit again one more lot at every rise of 1 % in price this one is Going down no doubt in it
Long Trade Set UpThis is going up for one more move
on daily it can drop for retesting the low , one can wait for 1 Hour Green reversal or Bullish Candle to form and buy on brake of it
You can look to stay with it for target as per description in the chart
OIL Positional Analysis - Daily Chart CMP 183.65 Buy with 17OIL Positional Analysis - Daily Chart
CMP 183.65
Buy with 174 SL
Target - 186- 189- 195- 199- 205- 210 - 215 - 219+
All levels are cash Levels
Option Player can buy 190 CE CMP 3 SL 1 Target 5 - 7 - 9 - 11 - 15+
Oil India good candidate for intraday SellOil India failed to sustain after opening higher. Likely to be under pressure through the day. Sell Oil India @ 178.2. Target 174-174.50. Stop 180.30
Can OIL sustain bounce OIL india has given a bounce from the strong support zone on weekly chart from trendline & Horizontal support and also RSI has bounce from support
