Technical Trading Idea : Oil India Ltd For Target Rs. 400 By Motilal Oswal Wealth Management

2025-03-17 11:02:25 am | Source: Motilal Oswal Wealth Mangement

Technical Trading Idea : Oil India Ltd For Target Rs. 400 By Motilal Oswal Wealth Management

News By Tags | #OilandGasSector #OilIndiaLtd #TradingReport #MotilalOswalWealthMangement

Oil India Ltd

Buy Oil India Ltd CMP : 376 SL 368 Target 400 Duration : 2-3 Days

* Stock has given falling channel breakout on daily chart and managed to close above the same. It has negated lower highs-lower lows after three weeks. Breakout is supported by surge in volumes which has positive implications. The RSI Indicator is rising confirming the bullish momentum.

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Technical Trading Idea : Oil India Ltd For Target Rs. 400 By Motilal Oswal Wealth Management

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