OIL India Getting Tired

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After running a marathon from lows of 300 Levels to its 200 Daily EMA, Oil India showing signs of some tiredness at upper levels.

For me the setup is optimum for a short trade in Futures, Writing 450 call option or Buying a Put. Well take your bet as per risk.

Target for coming week should be 412 . But since its a expiry week be bit vigilant and alert.

CMP- 437.50

Target 412

SL- 453

Trade attivo
ON THE WAY TO TARGET

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