OIL INDIA BUY VIEW

OIL INDIA - BUY PROJECTION

Trade Setup :

Fundamental Analysis

Stock PE - 9.22
Industry PE - 20.7
Low Debt
Promoter Holding - 53 %
DII Holdings - 17 %
Regularly Paid Dividend - 2 %
Strong Fundamental - Stock Possible to Doubled - (Current - 474 ) (Target - 948 )
for Long term 5 years Holding ..

Technical Analysis

Monthly - Strong Support & Fib 50 %
Day - Wait For Candle Close in Black Line

Entry - 507 Rs
Target - 740 Rs
Stoploss - 408 Rs

Happy trading .. Thank You ...