Paras_gujjar

MY TRADE CONTINUES

Long
NSE:OIL   OIL INDIA LTD
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 ..
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