OIL India has broken >10 year high and presents a good long term buy opportunity
Breakout possible in OIL India Ltd.....................................
Close ur eyes and trust me, it is going to give u 80-90% in next 2 years. and remember the 8-10% ROI as dividend per year. inv h&S formed on weekly charts, and target are big, very big.
📊 DETAILS Sector: Oil Exploration and Production Mkt Cap: 38,539 cr Oil India Ltd is engaged in exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. It also provides various E&P related services for oil blocks. TTM PE : 6.56 (High PE) Sector PE : 7.62 Beta : 0.77 📚 INSIGHTS ...
There is no guarantee in stock market and Nothing over week STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS} OIL INDIA LIMITED Target: RS 592 CMP: RS 563.15 ENTRY RANGE: 557-568 STOP LOSS: RS 450 Disclaimer: I am not Sebi Registered.
#OIL trading above Resistance of 502 Next Resistance is at 774 Support is at 334 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
Pullback attempted from an important support zones
Multi year breakout with good volumes. Stock consolidated for a while before giving breakout.
parallel channel with cup and handle formation. which mean continuation of prior trend.
Long in Oil India With SL 377 Triangle Breakout Might continue Previous Rally and that is how Market runs ... Rally-Consolidation-Rally Risk Disclaimer - Trade at ur own Risk
Oil India has already given its ATH breakout , one can take long entry with at current levels with a SL of 362
-Broke 13 Year Old Very Strong Resistance With High Volume -Rsi, Adx, Macd showing strong upside momentum possible -i am personally waiting for a little bit retracement
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
this is the zone pending orders of the big institutions or smart are pending.. we are looking to join them when the or if the price comes down to this zone.. so that pending orders of the institutions and our buy orders will get executed.. rally base rally setup.. only for edu purpose
NSE: OIL is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed...
As oil india is at its good support level so it may increase in coming days