varadtambolkar

IOC, Down side is limited. Positional long.

Lång
varadtambolkar Uppdaterad   
NSE:IOC   INDIAN OIL CORP
My earlier view in #IOC ( #indianoilcoporation) failed.

But now IOC looks much more positive. After breakdown form around 82 levels, the down move was not with required volumes. Although I don't use indicators much but there is clear RSI divergence. Next Levels 81 96 101 115. Last week was a spinning top candle followed by bullish candle.
Level are not always exact. It is always a area.
Kommentera:
First target hit.
Kommentera:
Second target of 96 hit.
Kommentera:
Fresh breakout above 97
We already entered at 75 trail you sl to 80
next level to watch is 108 to 116 area.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.