rohitpaul7692

Channel Breakout in IOC

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rohitpaul7692 Uppdaterad   
NSE:IOC   INDIAN OIL CORP
This stock actually gave a breakout on 5th Oct. Then on 12th Oct and starting from from 20th Oct it's retesting the line that was previously a resistance line now became a support line. It is not breaking down below that level and also because of that a small symmetrical triangle has been formed. Now it already has a potential for an up move and when it will give a breakout from the symmetrical triangle it will move further. IOC
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It's going up.......
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Book Profit @140
ROI:- 7.3% in two weeks

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