OIL AND GAS INDEXlong time channel base this chart shows it ifs going down as well , if we are marking demand and supply area, we can notice clearly oil and gas index is in trouble as well
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India’s Andaman Sea Oil Prospect: A Strategic Inflection PointThe Discovery: Unprecedented Potential
In mid‑June 2025, India’s Union Petroleum and Natural Gas Minister, Hardeep Singh Puri, announced that India might be on the threshold of discovering a Guyana‑scale oil field in the Andaman Sea, with estimated reserves of around 184,440 crore litres (approxima
NIFTY_OIL_AND_GAS - Weekly AnalysisIn the Weekly Chart of NIFTY_OIL_AND_GAS ,
we can see that, there can be a recovery in W Pattern and a Good Up move in going to happen in Coming weeks.
NIFTY_OIL_AND_GAS - Weekly AnalysisIn the Weekly Chart of NIFTY_OIL_AND_GAS ,
we can see that, it has formed a Bullish Hammer Candle.
Also we can see an up move in W pattern
Oil & Gas Stocks can see a up move in next week ( IGL , MGL ).
Opportunity in Oil and Gas companiesAfter the PSUs era ended, now the OMCs are doing exceptionally well. The trend shows a strong up move ahead once it breaks the resistance levels as directed by yellow horizontal lines.
Keep a look at OMCs like BPCL, Sail, etc., and prepare accordingly to take advantage of the opportunity.
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Displays a symbol's price movements over previous years to identify recurring trends.
