Oil and Gas about to break four times tested weak resistanceDTL BO (Down Trend Line Breakout) Even Oil N Gas stocks are also setting up to move : ONGC (being my fav with good results, check older posts), Oil Ind, HPCL, BPCL, IOC, Gulf OIl. Nby takmanish007Updated 3
Nifty Oil and Gas sector indicates start of an uptrend.The Nifty Oil and Gas sector looks bullish on daily charts. Daily Chart This week we see the weakness in the momentum when we have a negative HA candle with a strong body on the 13th of September. Now the momentum tried to recover from the weakness with 2 green HA candles. But both of these candles have a weak body. Weekly Chart The price looks bullish on the weekly Chart. Conclusion: The price will continue to move in the uptrend. Thanks Simranjit Singh VirdiNby ssvirdiUpdated 5
Nifty Oil & Gas Index breakdown the Fib convergence levelChart type: Heikin Ashi Time frame: Daily Fibonacci Retracement Drawn Data First Swing 18.51% Second Swing 11% Convergence levels: Mark 7900 (convergence - 23.60% of first swing // 38.20% of second swing) Mark 7713 (convergence - 38.20% of first swing // 61.80% of second swing) Analysis Notes: From the last 3 trading sessions the price is trading below the convergence level of 7900. Consider this as a breakdown of the level. Also the moving averages are forming a bearish crossover. The next important level to consider is 7713 which is also a convergence level. Thanks Er. Simranjit Singh Virdi Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.Nby ssvirdi2
Weakness in Nifty Oil and Gas SectorChart type - Heikin Ashi Time frame - Daily Indicator - Guppy Multiple Moving Average Today we have a Red HA candle with a strong body which shows a countable decline in the momentum. Also a day before we have a doji candle at the top of the uptrend which is a sign of trend reversal. But I wait for the bearish crossover or a strong breakdown of the moving averages. NEducationby ssvirdiUpdated 2
Oil and Gas Sector Index Analysis, Levels and Trade ZoneHello Trades, I shifted my focus on the Oil and Gas sector. From Sep 21 to Sep 23, we see the price is moving around a price zone of 7710 to 8164. This zone acts as a resistance. But recently on the weekly chart we see a bullish crossover below the resistance zone and the price has entered the resistance zone. The HA candles indicate the upward momentum in the price. From these levels the price potentially moves to the higher levels. Also on the daily chart we see a clear uptrend. Wait for the breakout of the 8164 level and the price will try to reclaim its recent high levels of 8668. Thanks Sardar Simranjit Singh VirdiNby ssvirdi1
Nifty Oil and Gas - BullishNew Monthly Demand Breakout. Target 600 Points from here 8436 Focus on Oil & Gas Stocks for the Month of July & August BPCL, CASTROL, GAIL, GUJGAS,GSPL,GULFOIL,HPCL,IOC,MROL,OIL,PETRONETNLongby MoneyMentorsUpdated 0
NIFTY OIL&GAS SECTOR - CHART ANALYSISAnalysis Criteria Used: 1. Please find the Chart Analysis done for the NIFTY SECTORS 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. Always Plan your Trade and stick to your Plan 4. Dont overthink or overanalyse 5. Treat this as your Business and get serious about it #sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala #bhfyp #mumbai #share #wealth #investment #market #invest #trading #investing #finance #FinancialFreedom #investor #trader #stocks #profit #investors #economy #equity #shares #nifty #stockexchange DISCLAIMER: . * Please do your own research and/or contact your financial advisor before taking any trading opportunities ** We will not be responsible for your profit or loss *** We are NOT SEBI REGISTERED ______________________ best stocks to buy today best stocks to buy now best stocks to buy best stocks for Intraday tomorrow best stocks for long term investment best stocks to buy today india best stocks for swing trading swing trading strategies swing trading beginners what is swing trading swing trading stocks swing trading stock selection swing trading kya hai nifty analysis nifty view bank nifty analysis top stocks to buy now strong stocks nifty view nifty prediction stock market view tomorrow bank nifty Levels bank nifty prediction share news stock market news best stocks to buy now profit booking stocks multibagger stocks in discount breakout stocks best short term stocks best short term shares next multibagger stocksNby TradeRyteStockz1
NIFTY OIL and GAS negative biasNIFTY OIL and GAS trading in a negative bias. All slopes down. Keep watchNShortby NANARKAR0