IOC LOOKS GOOD

Indian Oil Corporation is looking good by breaking a falling resistance trendline and a horizontal trendline too and gives a close above on both trendlines on weekly chart so we can consider it is a breakout and can go long in it for the target of 88 and 93 so after this breakout i am expecting it comes to retest it's breakout zones which is near about 83 to 82 zones and if come and bounce from there we can go long in this execution we will take a stop loss of below 80 on weekly close basis.






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İşlem kapandı: hedefe ulaştı:

TARGET ONE REACHED WITHOUT RETEST

İşlem kapandı: hedefe ulaştı:

TARGET 2 ALSO RECAHED OF 93.45 FROM 86 GAINING MORE THEN 8%