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Unite Technologies Financial

13th Jan · SEBI-Registered Analyst

Oil India Limited (OIL) Reached the Technical Target Level Shared yesterday

OIL
broke above the 430–435 resistance zone with a powerful Marubozu candle, surging over 5% intraday to hit your target of 450. Today's move of ~5% (reaching an intraday high of 449.90) confirms a massive trend reversal. The price has successfully cleared the heavy congestion zone seen throughout December. The surge is backed by significant momentum. However, a 5% "vertical" move often pushes the RSI (Relative Strength Index) near overbought levels, suggesting a short-term pause or a minor retest of the 435 level is possible. Price is Trading Now into Resistance Area

#Today’sTradingSetup#WatchOutFor#TechnicalViews#HiddenGems#TimeToExit
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