Stock of the day : Oil India Ltd by Target Rs. 507 - Religare Broking Ltd
Oil India Ltd
* OIL is displaying a constructive setup, with prices rebounding from lower levels and forming a consistent pattern of higher highs and higher lows, indicating strengthening bullish momentum.
* Price action has moved above key moving averages, which are gradually trending upward and acting as dynamic support levels.
* Additionally, rising volumes during upward moves indicate accumulation, reinforcing the likelihood of continued upside momentum.
* Traders may consider initiating long positions within the suggested range.

Buy Oil India Ltd CMP 482.70 Range 480-483 SL 469 Target 507
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SEBI Registration number is INZ00017433
