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OIL INDIA LTDOIL INDIA LTDOIL INDIA LTD

OIL INDIA LTD

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OIL trade ideas

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.
NSE:OIL
by ForexClinik
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.
NSE:OILShort
by ForexClinik
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.
NSE:OILShort
by ForexClinik
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.
NSE:OILLong
by BrahmaBull31