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?
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