INDIAN OIL CORP LTD
Singkat
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Indian oil, IOC Short

IOC is in a clear downtrend which gave us a nice bounce to the Kijun sen / 0.5 fib level followed by 2 days of rejection. Will be shorting the futures lot of feb 2020.
Short 115.45
Sl = 118.30
Target 1 = 109 , RR = 2.26
Target 2 = Open and trail with daily heiken ashi candles if trade works out in our favor.

syot kilat
Dagangan aktif
IOC has resumed downtrend as expected. we are halfway our target and should hit it this week InshaAllah. Keep trailing the stops as per convenience. lets make it a great loss free trade by bringing stops to entry.
syot kilat
Dagangan ditutup: sasaran tercapai
Target of 110 has was hit. Trade Closed

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