INDIAN OIL CORPORATION LONG
As the chart shows, Indian Oil Corporation has given a BREAKOUT from a 3 year old resistance. (OPEN THE CHART FOR DETAILED VIEW)
LEVELS:
Entry: CMP (111-112)
Target 1: 127.50
Target 2: 144.50
Target 3: 155.50
STOP LOSS: 102
TRAIL STOP LOSS
VOLUMES ARE TOO GOOD!!
Risk-Reward Ratio favorable
I would recommend a long swing trade.
FOLLOW IF YOU LIKE THE ANALYSIS
LIKE AND DO COMMENT YOUR VIEWS ON THIS!!
THANKS
LEVELS:
Entry: CMP (111-112)
Target 1: 127.50
Target 2: 144.50
Target 3: 155.50
STOP LOSS: 102
TRAIL STOP LOSS
VOLUMES ARE TOO GOOD!!
Risk-Reward Ratio favorable
I would recommend a long swing trade.
FOLLOW IF YOU LIKE THE ANALYSIS
LIKE AND DO COMMENT YOUR VIEWS ON THIS!!
THANKS
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