OIL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.7

🛢️ Intraday Trade Analysis for OIL (Oil India Ltd)

Oil India shows a moderately favorable setup for intraday trading today. While fundamentals remain strong and volume is surging, technical indicators suggest short-term weakness. This setup suits tactical scalping with disciplined risk management.

📊 Technical & Momentum Overview

RSI (45.1): Weak — indicates lack of bullish momentum and possible oversold conditions.

MACD (-5.57): Negative — confirms short-term bearish divergence.

Price Action: Trading below both 50 DMA (₹413) and 200 DMA (₹428), signaling downward pressure.

Volume: Current volume (49.4L) is significantly above 1-week average (24.6L), showing strong intraday interest.

📈 Fundamental Snapshot

Valuation: P/E of 11.9 vs industry PE of 11.6 — fairly valued; PEG of 0.74 supports growth potential.

Profitability: ROCE (15.2%) and ROE (13.5%) are solid; EPS is ₹33.6.

Quarterly Profit: Dropped from ₹1,591 Cr. to ₹813 Cr. — sentiment dampener.

Institutional Flow: FII holdings declined (-0.35%), DII slightly increased (+0.10%) — mixed sentiment.

Debt: Low (0.28) — adds financial stability.

🎯 Optimal Buy Price for Today

Buy Zone: ₹395–₹398

Entry near minor support with tight stop-loss. Avoid chasing above ₹401 unless MACD flattens and RSI rises above 48.

💰 Exit Levels for Profit-Taking & Stop-Loss

Strategy Price Level (₹) Rationale

Target 1 405 Minor resistance zone

Target 2 412 Momentum extension target

Stop-Loss 388 Below intraday support

🕒 If You Already Hold OIL Today

Exit on Weakness

Price drops below ₹388 with rising volume.

RSI dips below 42 or MACD widens negatively.

Exit on Strength

Price nears ₹405–₹412 with declining volume or bearish divergence.

Watch for reversal candles or lower highs on 5-min chart.

This setup favors cautious scalping with tight stops. Let me know if you'd like to compare OIL with other energy sector stocks showing stronger intraday momentum.

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