oil indiail India is showing good relative strength compared to the general market and had good earnings in the last quarter.by magajikondiroshan1
Keep An Eye - Breakout Soon - OIL📊 Script: OIL 📊 Sector: Crude Oil & Natural Gas 📊 Industry: Oil Drilling / Allied Services Key highlights: 💡⚡ 📈 Script is trading near at its resistance level which is 645. 📈 Script should give closing above 645 level so that we can see good rally. 📈 Script is trading at upper band of BB. 📈 MACD and Double Moving Averages are giving crossover. 📈 Right now RSI is around 59. 📈 One can go for Swing Trade only above 645. BUY ONLY ABOVE 645. ⏱️ C.M.P 📑💰- 636 🟢 Target 🎯🏆 - 691 ⚠️ Stoploss ☠️🚫 - 625 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_231114
OIL Short Term2-2-2024 ------------ Buy OIL @ CMP for the Target of 483.80-526.55 SL 390 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few Days Longby IOTABHIUpdated 6
Oil India channel breakout Oil India channel breakout on chart, will go further up if volumes support. Keep an eye on volumes Longby karthikpnair4
Clear breakout in weekly timeframeBroken it's previous resistance with good candle. It's good to buy this now or in retracement. It's only my view not a recommendation.Longby mr-nm_01233
MY TRADE CONTINUES Another stock for year 2024 i.e second stock for New year ... Mentioned the stock earlier in my profile and now again gave a strong breakout with the great volumes as the stock passed the defined previous target of 350 .. Cmp 373 Buy around 255-265 Target: 500-600+ SL : 240 ( will not be active for sure ) Pro's and cons mentioned in earlier analysis but still a good fundamental stock with P/E increased to 6 from 3 .. Note : It's my own analysis and not any personal recommendations to buy or sell the stock . Do your own analysis before taking any risk .. Longby Paras_gujjar113
oil indiaIndia cuts windfall tax on crude oil to 1,300 rupees ($15.63) a tonne from 5,000 rupees - govt notification ** Govt cut windfall tax on diesel to 0.5 rupee per litre from 1 rupee per litre - notificationLongby Tradernawab9
OIL INDIA looking to breakout from a supply zone!The stock has been in congestion zone from past 3 months. During this period INR300-305 acted as a demand zone while INR 325-330 zone has been a seller's favored zone. The stock is spotted today breaching a minor trend line resistance with good volumes. This could be an early sign of the intentions of the stock(or rather the buyers) to clear above the 325-330 zone for good this time around. Upon a decisive close above INR 330 mark the stock could very quicky attempt to move towards the INR 360 mark. On the downside 312 could be a good place to consider to place a SL order for a target of 360(RR 1:3). Note*- Please do your own analysis/research before making any trading decisions.Longby neeraj_2_sharmaUpdated 6
Oil India (Swing):Oil India (Swing): Oil India is set to double, owing to the strong breakout in energy sector. Multi year supply zone is being tested. Appropriate support, resistance and target levels are highlighted. Keep adding between 290-320 with a SL around 270. Trade offers a RR of 1:10. Note: Do your own due diligence before taking any action.Longby selvimohan5
OIL looks bullishOIL looks bullish on the monthly and weekly time frame. It has broken and retested 300 levels. We can see the cup pattern formation and neckline. We can measure the depth of the cup and clone it from the neckline for the target upside. Monthly and weekly RSI are above 60 and crossing 60, respectively. The monthly RSI is inclining. The volume moderately increases as the neckline breaks. Even if entering the trade just slightly below the CMP (Current Market Price), it can achieve over 4 RRR (Risk to Reward Ratio). Longby vikasbhekare2
Target 306 ( Duration 1 to 5 months )Company running with good Earnings, Technical also good, So Target 306 ( Duration 1 to 5 months )Longby Risk_is_yoursUpdated 7
Trade Setup 09-08-2023OIL - gap Trading Buying Level soon after it has crossed VWAP Target CPR BY DTT - Since CPR low gap, and it has to touch the CPRby dheerajprakash0571
Triple Top Pattern On Oil india Triple Top Pattern On Oil india on H1 chart and its a selling idea if price break Neckline with Sell stop by bilalsardar4570
OIL Inside bar daily candle #OIL #OIL_INDIA_LTD #oil_india-ltd Inside DAILY candle above 277 buy below 265 sell wait for candle closing always inside candle have trap so be careful .wait for day candle closeby gddass12
OIL INDIA Clearly the most undervalued stock (with P/E ratio under 3) as compared to other stocks of this sector oil and gas industry ⛽ My avg. Buy at 180 Key Notes as: Cmp 240 Book value 340+ EPS 80+ ROE 20+ Face value 10 Good Q3 results Decreasing Public holding Increased Mutual fund holding Formation of ABC pattern (Sea horse) TGT 325-350+ SL BELOW 220-200 So approx. 1:4 setup ready for medium term Good risk:reward setup Note: Just an idea not any recommendation to buy or sell the particular stock entity mentioned here .. Longby Paras_gujjarUpdated 443
OIL India ready to give 16% upmoveThe price has bounced back from 21Ema support with increasing volumes tilting the strength towards the buyers. DMI movement backing the bullish view. Buy above today's high price of 260 Entry- 260-261 SL - 245 Target - 298Longby shivanimotiparaUpdated 2
RIGHT ARM OF M PATTERN IS FORMING.... SELLWhen examining this asset, there is evidence of an M-pattern formation occurring across weekly, 4-hour, and 1-hour time frames. Although the right arm of the M-pattern has not yet begun on the weekly timeframe, it is about to commence on the 4-hour timeframe. There is also a clear formation of the right arm of the M-pattern taking place on the 1-hour timeframe. Aggressive traders may opt to enter using the 1-hour timeframe, while conservative traders may prefer to use the 4-hour timeframe. Conservative and long-term holders may choose to ride with the weekly timeframe. Ultimately, the choice of timeframe depends on individual trading style. Follow for more tips, and share your thoughts by commenting, liking, and sharing.by Rawlings_NG0
OIL IS LIKEY GOING DOWN THE DRAINWhen examining this asset, there is evidence of an M-pattern formation occurring across weekly, 4-hour, and 1-hour time frames. Although the right arm of the M-pattern has not yet begun on the weekly timeframe, it is about to commence on the 4-hour timeframe. There is also a clear formation of the right arm of the M-pattern taking place on the 1-hour timeframe. Aggressive traders may opt to enter using the 1-hour timeframe, while conservative traders may prefer to use the 4-hour timeframe. Conservative and long-term holders may choose to ride with the weekly timeframe. Ultimately, the choice of timeframe depends on individual trading style. Follow for more tips, and share your thoughts by commenting, liking, and sharing.Shortby Rawlings_NG0
OIL IS LIKELY GOING TO SELLWhen examining this asset, there is evidence of an M-pattern formation occurring across weekly, 4-hour, and 1-hour time frames. Although the right arm of the M-pattern has not yet begun on the weekly timeframe, it is about to commence on the 4-hour timeframe. There is also a clear formation of the right arm of the M-pattern taking place on the 1-hour timeframe. Aggressive traders may opt to enter using the 1-hour timeframe, while conservative traders may prefer to use the 4-hour timeframe. Conservative and long-term holders may choose to ride with the weekly timeframe. Ultimately, the choice of timeframe depends on individual trading style. Follow for more tips, and share your thoughts by commenting, liking, and sharing.Shortby Rawlings_NG0
Indian Oil TLD updatewaiting for a breakout. We are watching an possible ascending triangle on the 4h chart. TP around 210$ if breakout.Longby SpuqeUpdated 0
OIL INDIAHello & welcome to this analysis on OIL INDIA In the weekly time frame it has activated a Bullish Harmonic Sea Horse pattern suggesting possible continuation of rally till 325-350 in the medium term The pattern would be considered negated below 200 A decent good risk reward set up Good luck with investingLongby Dinesh_C_Nagpal1110
OIL - Bullish Swing ReversalNSE: OIL is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the trendline support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.Longby BrahmaBull311