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...
~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.
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...
Hello 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 ...
OIL 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 (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 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.
Levels 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
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. ...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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.
Stock Name - Oil India Limited. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness at CMP.
And More strenght will be visible above 300. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any...
