Technical Research Report – Oil India Ltd

Stock: Oil India Timeframe: Daily Chart View: Bullish Technical Overview: - Supertrend indicator is in a bullish mode, suggesting positive momentum. - RSI has taken a bounce from lower levels, indicating a revival in buying interest. - Price is trading above the 200 SMA, confirming a strong long-term bullish structure. - The overall price action supports accumulation on dips with favorable risk-reward. Trade Setup: Buy Zone: ₹447 – ₹443 Target 1: ₹470 Target 2: ₹500 Stop Loss: ₹413 (closing basis) Remarks: - This setup aligns with trend-following strategies. - Suitable for swing traders with moderate risk appetite. - Watch for volume confirmation near entry levels for better conviction. Peers: Oil India's primary peers in the Indian oil and gas sector include Reliance Industries,

, , , and . Other companies like , , CPCIL, and Gulf Oil Lubricants are also considered competitors, though perhaps not in the same core business areas. Disclaimer: This report is for educational and research purposes only. It is not a recommendation to buy or sell. Please consult your financial advisor before making any investment decisions.