OIL India is short here.

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Stochastic @ overbought level. Now Bearish engulfing candle. Short with stop loss of 10 Points (315). Target first band & second band(285/262). Good Risk Reward ratio.
Note
Candle low didn't break. Not entered the trade..
Candlestick AnalysisOilOscillatorsSupport and Resistance

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