Indian Oil Corp. Ltd.
做多
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IOC

694
Hello & welcome to this analysis

A deep 6 months correction lead to the formation of a Bullish Harmonic Crab pattern in March 2025 post which during accumulation (consolidation) phase formed an Inverse Head & Shoulder.

A 38% retracement of the bullish harmonic pattern has been done and now its completing a pullback of the IHS breakout by retesting the neckline.

Potential upside levels are 145 and 160 for both the IHS & Bullish Harmonic Crab

All the best
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