OIL INDIA LTD NSE:​OIL

OIL INDIA LTD | SELL BELOW 199

Long OIL in cash as per datanalysis and crudeoil pattern

Long term trends indicate that the stock may move up while short term trends disagree. Now in the transistion zone. Lets see where it pans out. Will depend a lot on oil prices in the market. Watch the triangle! What is your call on Oil India? Please comment

OIL Doji at S/R zone

IOC inside bar + looks like it is going back to the channel, buy if PDH is broken with SL at PDL short if PDL is broken with SL at PDH if it gaps, watch the first 5mins, then follow ORB on that 5m tf candle

T1-220 T2-225 T3-230 SL-205

Oil India.. Go Long.. Target 235

NSE:OIL

Long above 221.20 with SL as weekly closed below 200 for target of 232 / 247 / 255.

OIL - Can test 223 and 230. SL-213 Positional 259.

OIL Descending triangle breakout 4x average volume No lower wick = powerful breakout. Obviously it'll see some correction and retracement.

Short 190 pe and hold till expiry

POSSIBLE LONG 1) PRICE CROSS ABOVE MONTHLY RESISTANCE LEVEL 2)DIVERGENCE ON RSI AND PRICE 3) PRICE BREAKOUT OF THE TREND LINE 4)WAIT FOR SOME PULLBACK FOR BETTER ENTRY

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Levels mentioned on charts .

long on 207.75 SL 203.55

Refer chart for target and stoploss details Vijayaraghavan.K, Kovilpatti.

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