OIL INDIA LTD HIT A GOOD SUPPORT
Updated
should turn from here and break the channel which have been forming on low volume. has hit a good support, turned and completed a flat correction wthin the channel. More agressive traders may buy from here, but a good strategy would be to wait for a break of the channel to the upside and a consolidation just above the channel before opening a buy position.
Trade closed: target reached
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