ESSAR OIL
Essar oil finding strong trend line resistance at current levels, technical indicates bulls action can be seen once stock closes and holds above its resistance zone @ 214.
As long as it holds below 214 stock can see some correction. Chart also indicates that there is a sudden increase in volume this will favor bulls.
Intraday stock looks good above 214, will find strong resistance (intraday) around 218, 220.
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