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 close
OIL trade ideas
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 ..
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 - 298
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.
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.
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.
Indian Oil TLD updatewaiting for a breakout. We are watching an possible ascending triangle on the 4h chart.
TP around 210$ if breakout.
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 investing
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.
Trendline breakoutOIL india expected to break trendline with below level as stop loss for given target
Lets see..
OIL INDIA LIMITEDStrong support is 170-174 zone
Minor support is 215-218 zone
Next strong resistance is 262 zone
trying to breakout of consolidationafter long & healthy consolidation stock is trying to breakout. can give good move from here
Indian Oil LTD longIndian Oil LTD messy chart. I think of longing here and tp 1 around 210 and tp 2 around 260$
OIL INDIA LTDHello and welcome to this analysis
Oil India in the daily time frame after activating a Bullish Harmonic ABCD completed a 38% Fibonacci retracement. In the process it activated an Ichimoku C Clamp in the weekly time frame.
Stock could be accumulated between 180-190 for 210 (short term) 240 (medium term) and 350 (long term)
View would be invalid below 170
Happy Investing
USDOILMaybe its taiwan andd china , may be its yeaman hittin aramco, maybe it more russia
have to get some accumulation to get break the resistance have to go up 38 or 64 before we can get normal price oillllll
OIL - Support LevelSo much of volatality and taxing on Oil...lets see whether this one finds support at the levels drawn on the chart. Relative strength is positive while it has come down significantly
Disc: Not holding and not a buy/sell recommendation
Oil India - Bullish Short TermOil India is in bullish move. Buy for initial target of 260 and then 280 in near short term.
Buy Oil India at 300 for Target of 449 SL-276 Exp.returns-49.66%Head and Shoulder break out with high volume.. Approx. time -1 to 1.5 year, Expected Returns-49.66 %
Oil India Given all the high BreakoutOil India is Given a beautiful breakout in a falling market.
a good bet for the long term along with a good dividend script
OILOIL LOOKING BEST for SWING TRADE, agar koi bhi candle 230 ke upar closed hoga to take a entry and SL will be 219, and target 235,240,250
OIL India Share Target 290OIL India Share currently trading around 220 , 230 very important resistance so if break out above 230 it will go upto 290 possible very soon
