OIL- 1st TARGET ACHIEVED1st target is achieved in OIL.
2nd target is on the way.
S.L. will be resistance line.
OIL trade ideas
Trendline BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
OIL INDIA LTDOil India seems a good buy at this level for a target of 220 - 236 with a SL of 191. There are multiple confirmations indicating a good short term upside in the stock , so probably it may do good in this week. Detailed explanation has been given in the chart itself, Please go through.
CHART & ANALYSIS
ADARSH DEY
OIL INDIA- BUY~oil India can give a descent return with attractive dividend.
~Sector is looking bullish for near term..
OIL - Ichimoku Bullish Breakout Stock Name - Oil India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 225
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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OIL-BULLISH~OIL is about to break the box.
~Wait for conform signal and buy at break out.
~Company is provides high divt. near about 7%.
~Ex date of the current divt. is today i.e. 21/11/2022.
IEX SHORT TERM Trend line support not break, so you can buy above
198 ,Target-213, 245 SL-165
Only for education purpose
Breakdown in Oil India Limited (OIL)...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistance (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
OIL INDIA POSITIONAL BREAKOUT TRADEHello Guys, Today there is a positional trade idea I'm sharing with you in OIL India Ltd. as you see the blue line it is a multi year support since the listing of the share from 2009-2014 (for almost five year) and after that it acts as a resistance for almost six years. So, it is a very crucial point that the stock is at breakout at the blue line if it consolidate & breaks it out and make it a support line again then we should go long in the position shown in the chart. We have the following confirmations i.e,
The 50 SMA crossing above the 200 SMA its a sign of bullish crossover
MACD is also showing the formation of bullish crossover
{Disclaimer: I'm just sharing my views you can take it do your analysis and make your positions accordingly to your risk.}
OIL Target 266 SL 174. GO GO GO!!!OIL stock price is range bound.
When the price is moving in a range bound market, the best trades are failed breakouts.
OIL INIDA LongOIL India Accumulation inside 1D and 5m Demand zone.
Looks good for a long after a shakeout to grab liquidity.
OIL | BREAKOUT TRADEOIL INDIA has broken out after successful tests of important support level 220. From this level of 249.7, targets of 282 & 303 are possible, with an SL of 215.
Enter only with your own risk appetite.
Thank you & Happy trading!
OIL INDIA LTD TARGET 320OIL INDIA LTD monthly primary trend breakout. Weekly closing is in bullish mode. Next swing target 320
BUY OIL INDIAOil india (W) charts has given 7yrs breakout above 260-270 range. Buy on dips for 330/350. invalid below 250 on weekly closing basis. Oil is in blue sky zone for longer time
Oil India LtdOil 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.
Clean Chart, Clean Target : OIL India LtdLevels as mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
YR 2022 Idea #63: Long on OIL This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
OIL INDIA LTD TARGET 320OIL INDIA LTD monthly primary trend breakout. Weekly upward trend breakout. Target 320
