OIL trade ideas
Oil India Triangle Breakout 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
Broke 13 Year Old Very Strong Resistance With High Volume-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
Amazing breakout on Weekly / Daily Timeframe - OILCheckout 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 amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.
oil longthis 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
OIL - Bullish Consolidation with VolumesNSE: 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 capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
OIL - Swing Trade || 18th June, 2023 #stocks Analysis Criteria Used:
1. Please find the Chart Analysis done for the Swing Trade Idea 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
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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
______________________
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Long OILStocks trading near their high in the past 4 months with rising volumes and closing strong, indicating a possible breakout
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning porpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and loss
OilCup and handle formation on daily time frame
After a long time I liked any cup and handle setup normally I skip these
break outAnalysis Criteria Used:
1. Please find the Chart Analysis done for the Swing Trade Idea levels
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
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
OIL : A good stock to kept under your radarOil India is engaged in exploration, development and production of crude oil & natural gas, production of LPG, transportation of crude oil & natural gas and generation of renewable energy. The Stock is stuck in a range forming a symmetrical triangle where the bottoms are getting higher and higher and we may see a break out very soon. Due to high consolidation , the breakout may lead to a sharp increase in the value of the stock in a very short span of time. Hope we see this break out today itself. The entry level is 263 with stop loss of 254.53
My Targets for this stock are 297.85 , 331.40 and 374.05
Please remember , this analysis is only for education purpose and does not carry any TIP to buy or sell the stock. Please make your own analysis and invest accordingly.
Good Luck !!!
Oil indiaCan oil india break 263 this time? Oil india is in consolidation if it moves up and rsi become 60+ then we can see 280+
OIL India : Cup & Handle#OIL : Beautiful Volatility contraction in the form of cup & handle which can give Breakout soon
>> Good Structure
>> Good Strength & Decent Volumes
Levels mentioned on chart
Keep liking, sharing for more Learning
Oil India - In a strong resistance bandCompany engaged in the production of crude oil and natural gas. Stock is now in a strong resistance band. Tested this band so many times and failed. Now Good volume is popping up . If it break this band then can expect a 25% movement from here.
OIL on Breakout; above 263.5 for Intraday on FridayOIL on Breakout and with good volume; above 263.5 on Friday 17th Feb for Intraday gains
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INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
OIL- 1st TARGET ACHIEVED1st target is achieved in OIL.
2nd target is on the way.
S.L. will be resistance line.
