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...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on...
Unlike ONGC Oil India has been nicely consolidating near multiyear high levels.
If the stock breaks above 261/265 it would make for a new ATH post 2016.
The stock has all kinds of tailwinds with crude/gas prices.
Long above 265 with stoploss below 250.
Might even start by buying in 3 trenches. One at current price 30%, then again above 261 (20%) and finally...
NSE:OIL shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover
Target 2: 259.45
Target 1: 244.10
Stop Loss: 220.05
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our...
As long as the price is above the upward sloping green trendline one can enter the counter... resistance is at the 52 week high level of 267 above which ATH resistance is at 335 levels....looking at the depth of the cup, the final target comes to 350-360.... as an oil producer it is in a purple patch as far as margins is considered...moreover, its stake in the...
Good earning opportunity - 20%+ in Swing Trade.
CMP: 232.95 (Good @ 235)
SL: 229
Target: 256 | 267 | 285
( Targets calculated on the basis of Fib. and previous swings )
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my...
OIL INDIA BUY SETUP
placing buy stop above green triangle, given good qtr and now setting up, as the general market is volatile and in downtrend, invest 1/2 of desired capital.
Inverted Head and Shoulder in Oil India.
Commodities are already on fire . . .
This looks like a good opportunity to take position and go long
Disclaimer: This is not a recommendation. Pls invest as per your risk reward setup.
Cup and Handle Pattern found on OIL INDIA on daily chart.
Target and stop loss are posted on the chart.
~This is educational content and don't treat this as recommendation.
~G
OIL INDIA has similar patterns as other oil stocks....
Looking at chart ,it has broken long term trendline of 7 years and going up.....
Even Cup and handle formed....
looks set to Fly higher
I have applied elliott wave theory on oil to study corrective mode. Specifically, the 12345 motive mode has been completely over and now rate is under the correction mode. I am looking for downward movement shortly.
Buy Oil India for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡About Company:
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.
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💡Revenue Breakup:
Presently, the sale of crude oil...
oil india has been forming descending triangle and broke the triangle pattern and trying to break the upper support
and crossing 50 dema
having good rsi levels 62 and also forming ascending triangle
trade with caution
#dyor
Yesterday oil india limited gave a channel breakout with a huge voloume . One more thing is that in previous three candles it is making a pattern of morning star . So I will be bullish on this stock if it gave a confirmation on monday else i will be entering in it on wednesday. This is my own research do yours as well and its my opinion and should not be taken as...
