OIL swing trade setup
Oil India Ltd. · Oil Gas & Consumable Fuels · NSE cash equity
Trend structure
Relative strength vs NIFTY
| Period | OIL | NIFTY | Excess |
|---|---|---|---|
| 1M | +9.36% | -3.86% | +13.22% |
| 3M | +15.92% | +1.81% | +14.11% |
| 6M | +3.40% | -4.57% | +7.97% |
Over the last year OIL has traded between ₹390 and ₹531, and currently sits 75% of the way up that range.
OIL passes none of the 3 AI swing screeners right now
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Swing screeners that scan OIL
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Not investment advice. EdgeScan is an analytics and screening tool - the figures above are mechanical readings of public price data and are for educational purposes only. Past and backtested performance does not guarantee future results.