OIL trade ideas
OIL: Techno - Funda view.OIL: Dividend Yield (7.24%) >= Bank FD.
Financial details mentioned on Chart.
Long in Every Dip. Levels are: @ 204.40 - 202.3 - 197.50
T+1 Tgts: @ 209.25 - 211.20 - 213.3 - 215.70+ (for more follow FIB Levels.)
Education purpose only.
Oil Strangle Idea + WatchlistSell Oil 220 CE at 1.7
Sell Oil 200 PE at 3.9
But as 200 is very near, I will recommend to just do the call options and wait for it to touch 200. We can long it with a slight stop loss for better risk and reward game :)
I am still selling & I will continue to sell on riseThis one is Going down
No Doubt in it , i am selling Futures on every rise , but one can look for selling below 2 days low and keep trailing the stop
Target are as mentioned
oil india surprising move !looking at the structure the stock is an amazing buy for great returns with a very little risk as of now !
Oil India - Symmetric triangle near supportNSE:OIL has formed symmetric triangle at its support.
Go long above 215.85
T1 - 228.80
T2 - 247.45
SL - 202.75
not a happy chart ....not a happy chart .... as volumes are not that great...
still the chart is chart and pattern as it is......
#OIL CASH : LOOKS GOOD ABOVE 210.25#OIL CASH
26 JULY 2018
LOOKS GOOD ABOVE 210.25
SL 207
TGT 213-214/219-220/225
CMP 209
Sell on Rise in FutureAny Rise and reverse in 15 Mints above 213 its sell with stop on Closing basis 214.50 for Target of 200 below if on open the current low is broken then can Go short but the stop should be the same
buy with a intraday target of 2 to 3 points and week target-10go long as it was came from bearish phase..
OIL Long BuildupWill love to long with a stop loss at 207.75. It has long built up today finally as per Open Interest but I am not liking the way it gave up the gains with the market.
Let's see if it gap ups or gap downs. We shall trade accordingly.
OIL - Bullish TrendVolume 5 times higher than average 10 days volume. Waiting for to cross above 50 DMA (354).
Oil India Short and Mid term viewRefer above chart. MACD,CCI,&Stochastic will help to further move on upward direction. PSAR also turns sell to buy condition. Breakout also done in a Parallel channel.
Vijayaraghavan,
Kovilpatti.
Oil India - At support!Price action has taken support. Buy above 216 with the stop loss of 213. Targets are 220, 224 and 228.
Oil India - Symmetric triangle break outNSE:OIL Symmetric triangle break out with volume
Go long above - 353.60
T1 - 366.40
T2 - 388.20
SL - 330.45
