When 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...
waiting for a breakout. We are watching an possible ascending triangle on the 4h chart. TP around 210$ if breakout.
Hello & 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
NSE: 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...
OIL india expected to break trendline with below level as stop loss for given target Lets see..
Strong support is 170-174 zone Minor support is 215-218 zone Next strong resistance is 262 zone
after long & healthy consolidation stock is trying to breakout. can give good move from here
Indian Oil LTD messy chart. I think of longing here and tp 1 around 210 and tp 2 around 260$
Hello 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...
Triangle pattern break out comming soon.only for education purpose.
Maybe 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
So 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 is in bullish move. Buy for initial target of 260 and then 280 in near short term.
Head and Shoulder break out with high volume.. Approx. time -1 to 1.5 year, Expected Returns-49.66 %
Oil India is Given a beautiful breakout in a falling market. a good bet for the long term along with a good dividend script
OIL India Share currently trading around 220 , 230 very important resistance so if break out above 230 it will go upto 290 possible very soon