OIL India stock tips updated on 07th July 2015, Tuesday.

OIL INDIA

Oil India stock tips indicates that it is moving up from strong trend line support zone so as long a it holds above bulls will be favored and further price rise can be seen in coming days.

But if it closes and holds below its support then weakness can be seen in coming days.

Intraday tips for today - 07th July 2015, Tuesday.

Looks bearish below  - 444

Support - 440.50, 438

S.L - 446

Suggested reading - Currency trading tips.

OIL Indian free stock tips for today technical graph updated on 22nd June 2015, Monday.

OIL INDIA

OIL India free stock tips technical graph indicates that it has formed triangle formation in daily chart this indicates sharp movement can be seen once it comes out from its pattern.

As shown above range is getting narrow once it comes out on any side then sharp movement can be seen.

Its trend indicator "macd" is moving in -ve zone so far this will favor bears. Closed watch.

OIL India chart updated on 16th June 2015, Tuesday.

OIL INDIA

Oil India has formed triangle formation in daily chart, technical indicates as long as it is moving in between its pattern trend will be mix with no clear direction.

Sharp movement expecting once stock comes out from its pattern.

Suggested reading - What is stock market / what is stock exchange.

OIL INDIA Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock facing strong support around 556 & 552, Weakness expecting if OIL (I) closes below. (Updated for 11th August 2014, Monday).

OIL INDIA

• OIL INDIA has formed descending triangle formation in daily chart this indicates once stock breaks its formation sharp move is expecting in OIL India.
• Chart also indicates stock was earlier taking its 50 days moving average support and always bounced back, this time stock broke its 50 DMA and now trading below, as shown in graph no 2 stock is now facing 50 DMA resistance as long as it trades below it will favor bears.
• Now as per fibonacci studies stock will test its 50% fibonacci retracement support around 552.50 , if stock closes and stays below 552.50 then further weakness is expecting and stock will find next support around 533  its golden ratio 61.8% fibonacci retracement.
• Intraday close wacth once stock starts trading below 552.50, if stays below then intraday wekness is expecting.
• Suggested Reading - AUROBINDO PHARMA holding strong in weak market, buying expecting above 746.
• Click here to see all the free trading reports (tips) published by us on OIL INDIA.
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Bullish Breakout in OIL (I), further up move expecting. - 13th May 2014 (Tuesday).

• Bullish breakout in OIL (I) as stock has come out from its long range boud zone.
• Charts indicates that OIL (I) will have next resistance around 525, 545, 565.
• Indicators like MACD are now giving +ve signals , indicates further up move from current levels.

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