Is OIL COUNTRY TUBULAR in uptrend or downtrend?

In the short term price movements in OILCOUNTUB share indicates the market is Sideways. However, the bulls are trying to absorb supply to take control.

What is OIL COUNTRY TUBULAR share price forecast for tomorrow?

In Oil Country Tubular Limited stock current resistance level is at 48 and support level is at 41. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are OIL COUNTRY TUBULAR support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Oil Country Tubular Limited in the short-term, the supply zone around 48 and 50. Hence, good chances of resistance around 50. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Oil Country Tubular Limited share is around 41 and 40. Hence, good chances for support around 40.

Why is OIL COUNTRY TUBULAR share price falling today?

Perhaps OILCOUNTUB stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

OIL COUNTRY TUBULAR Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data