CLOSED

OIL
Manually Closed

129.75 2.21%
Close Price
(2021-03-05 04:54:59)
126.95
Entry Price
(2021-03-01 13:20:00)
140
Target Price
 
115
Stoploss
 
Enter at below 127.1 | Created on 2021-03-01 07:49:16 and valid till 2021-05-09 18:30:00

Trade rationale

Trendlines

The 3hour candle stick shows good trend line with VWAP going up. Its MACD signal line is also up for a 1 Day candle. Fundamentally it is opening refineries in India with Crude prices going high as economy opens.