Oil India-    Date:20/12/2023  

 BSE: 533106 NSE :OIL

Cmp Price ₹341.40     Stop Loss ₹330

Remarks :Bullish Chart Pattern break out seen.

Rsi :69.46 - weekly

NLC India Ltd:-    20 /12/2023      

 BSE: 513683 NSE :NLCINDIA

Cmp Price  ₹209.70    Stop Loss ₹ 205

Remarks :Resistance Breakout sustained with good volume. Momentum likely  tocondtinue.

RSI :76.81  - Over bought  zone – so strict SL required

Aether Industries Ltd:-20 /12/2023        

BSE: 543534 NSE : AETHER

Cmp Price  ₹924         Stop Loss ₹ 905

Remarks :Trend reversal seem with Trendline BO sustained at Resistaince.

RSI :66.36

Indian Oil Corporation Ltd:-    20 /12/2023       

 BSE: 530965 NSE : IOC

Cmp Price  ₹124.70    Stop Loss ₹ 119

Remarks :Bullish Chart pattern BO seen with volume. Momentum likely to continue towards new ATH.

RSI : 78.70  ( bought zone ).

Analyst : Ragesh Shah

info@smartinvestment.in

Disclosures:Author or Analyst is not SEBI register.  At the time of writing this article, author, his clients & dependent family members may have positions in the stocks mentioned above. The author, his firm representing, his clients or any of his dependent family members may make purchases or sale of the securities mentioned in website. Author may have positions in above stocks so have vested interest obviously in their going up or down as the case may be. Disclaimer: Investing in any equity is risky. Our recommendations are based on reliable & authenticated sources believed to be true & correct, and also is technical analysis based on & conceived from charts. Investors should take their own decisions. We assume no responsibility for any transactions undertaken by them. The author won't be liable or responsible for any legal or financial losses made by anybody. Investors must take advice from their financial advisors before investing in any stocks.