Watch Out! Cautious ! May go either ways

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Long term trends indicate that the stock may move up while short term trends disagree.
Now in the transistion zone. Lets see where it pans out.
Will depend a lot on oil prices in the market.
Watch the triangle!

What is your call on Oil India?
Please comment
Uwaga
Still in the positive zone after 2 weeks
Uwaga
Gone to the negataive zone.
Uwaga
There is support on the trendline as it can be seen that there is a spinning top like formation. Expecting upward movement till 210 levels in coming weeks
Chart PatternsTrend Analysis

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