OIL INDIA LTD
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OIL breaking bullish Head & Shoulder Pattern.

OIL is showing positive upward move with good volumes. the share has broken bullish Head & Shoulder pattern. Given the bullish move in the international commodity market of Crude oil, this move looks quite convincing. I see an upward move in the share price specially if it surpasses its previous swing high of 220.
Head and ShouldersTechnical Indicatorsnifty50OilTrend Analysis

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