Buy Oil India Ltd For Target Rs. 462.00 by Jainam Share Consultants
Oil India Ltd
Buy Oil India Ltd CMP 416.00 Price 416.00 Target 462.00 Stop loss 387.00 Holding Periond 1 Month
* The stock price close at Rs. 410.00 on 02 MAY, 2025
* Currently the stock has given bullish chart pattern formation which resemble as Double Bottom chart pattern breakout on daily chart
* At this point, the price is trading above all of its significant moving averages, indicating bullish momentum Additionally, the Momelum Indicator RSI is trading above 80 in a positive zone
* We expect the stock price to continue its current bullish momentum and head towards 460-462 levels considering the current price action
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
