Date: 11-Jan-2022 Rating: Buy LTP: Rs. 213 Target: Rs. 248-->266 SL: Follow the trailing SL indicated by the moving averages.
Oil India Ltd. broke out from the Flag pattern at current secondary trend with higher volume. 7D EMA has crossed over 13D and 26D EMA. MACD has crossed over to buy zone. RSI is above 50 level and had created a positive divergence, suggesting the up trend from here.
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