Technical Analysis of Oil India Limited

NSE-OIL| Technical Analysis | IAMVIMALSINGH | Your Personal Technical Analyst

Technical Analysis of (NSE: OIL)Oil India Limited:

Technical Analysis of Oil India Limited:

NSE-OIL| Technical Analysis | IAMVIMALSINGH | Your Personal Technical Analyst

(NSE: OIL)Oil India Limited: The technical looks that the major trend is
bullish but in short-term price trending in into downside, if we take a
look on the weekly chart, price following uptrend channel, and reversing from
bottom line of the uptrend channel by forming a double bottom, and we have recent
bullish breakout anticipated for bullish momentum.

FUNDAMENTAL ANALYSIS:

NSE-OIL| Technical Analysis | IAMVIMALSINGH | Your Personal Technical AnalystNSE-OIL| Technical Analysis | IAMVIMALSINGH | Your Personal Technical Analyst

If we compare the return profile stock completed almost 1Year of correction.

 

NSE-OIL| Technical Analysis | IAMVIMALSINGH | Your Personal Technical Analyst NSE-OIL| Technical Analysis | IAMVIMALSINGH | Your Personal Technical Analyst

 

 

NSE-OIL| Technical Analysis | IAMVIMALSINGH | Your Personal Technical Analyst.

 

ADVICE: BUY FOR SHORT-TERM AND ALSO LONG TERM, PERFECT STOCK IN NIFTY 50.

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