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...
Monthly timeframe making long term cup pattern Hold for long term invest low amount volumes are very high RSI showing Divergence (Upward) MACD is Bullish