We clearly seen an resistance area from many days and yesterday breaks with gap up but i cant sustain. So we will looking for short after fake breakout.
Date : 11-Jan-2022 Rating : Buy LTP : Rs. 213 Target: Rs. 248-->266 SL : Follow the trailing SL indicated by the moving averages. Oil India Ltd. broke out from the Flag pattern at current secondary trend with higher volume. 7D EMA has crossed over 13D and 26D EMA. MACD has crossed over to buy zone. RSI is above 50 level and had created a positive...
everything described in chart go long above 225 for target of 250
OIL India Showing strength 1. Double bottom at demand zone 2. Trendline Breakout and retest 3. Marubozu candle after retest 4. Volumes High
Go Long above 208.7 for Targets of 227.4, 246.1, and 264.8 with SL 190 Reasons to go Long : 1. On a Daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618...
My target and SL mentioned in the chart. Entry above Black SL Red Target Green
Go Long above 228.55 for Targets of 242.1, and 255.65 with SL 215 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci...
expecting a target of 250, wait for break out, with sl of 210, cmp 222
After a breakout of Oil India Some people booking profits Now second chance for those who missed to ride the breakout now its retesting previous Resistance became Support now and confirmation candle is now also Fibbonaci support here its good time to catch this. SL below last swing and risk reward ratio is 1:2 🙏Note :- this is my Analysis don't take it as buy...
OIL India add to watch list and look for opportunity once it breaks the triangle pattern with good volume.
Hello traders, OIL gave channel breakout and multi-year resistance breakout on monthly chart. can take entry at cmp. details given in the chart. check my other ideas to get to know about all the successful trades based on price action. Thanks, Aniket. keep learning and keep earning.
no view only reviewing chart pattern on monthly chart as long term. all time frame overbought rsi. only reviewing . no view. decide on ur own.
NSE:OIL has given 56% Gain in Two Months, It was shared with following details on Aug 6 2021 2021.09.02 #CALL #MEDIUMTERM #NIFTYLARGECAP Stock : #OIL Buy Option 1 : Buy @ 178 to 178 (Low Risk) Buy Option 2 : Buy @ 157 to 160 (Low Risk) Stop Loss : Option 1 10% Option 2 : As per your risk profile. Option 3 : Below 151 ON weekly CLOSING BASIS Target...
oil india is on break out on weekly parrallel channel after a 6+ years of time frame ,retest between 175-180 possible which is best entry level for target of 260
Oil India - Closing Price - 182 SL - 150 (Weekly Closing Basis) Target - 220/245/285
I took trade-in OIL on 17th Sept 2021. My entry was near 197.60 as (197.60 to190) is a demand zone for this stock. Given the current global scenario, I am a bit worried, but as a trader, emotion is the first thing you should have control over. My entry-197.60 My Stop loss- 190 My 1st target- 205 (1:1) My 2nd Target- 213 (1:2) Please note that: Once my 1:1 is...
In weekly time fram u can see channel patter breakout Volume also good Wait for one red candle in weekly time frame and then enter (and if it sustain above trend line)