OIL| Breakout Alert
OIL: Voluminous breakout above the neckline signals strength, with Daily RSI 68 and Weekly RSI 70, indicating sustained bullish momentum.
Fundamentally strong with ~₹1,200–1,300 cr PAT, ₹9,000+ cr revenue, stable oil & gas output, and ₹6,000–7,000 cr capex aligned with India’s 4–5% energy demand growth, trend and fundamentals in sync.
#FundamentalViews#TechnicalViews#WatchOutFor#TrendingSectors#SectorBreakouts

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