Long term trends indicate that the stock may move up while short term trends disagree. Now in the transistion zone. Lets see where it pans out. Will depend a lot on oil prices in the market. Watch the triangle!
What is your call on Oil India? Please comment
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Still in the positive zone after 2 weeks
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Gone to the negataive zone.
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There is support on the trendline as it can be seen that there is a spinning top like formation. Expecting upward movement till 210 levels in coming weeks