INDIAN OIL CORP LTD
Telah dikemas kini

GOOD TRADING SETUP DEVELOPING IN IOC

1138
The stock has been making clean impulse moves from oct 2022 and seems to have completed the wave 4 structure. The 5th wave for the stock should be beginning shortly which can drive the stock up nearly 12-17%.

With one of its peers(BPCL) already announcing a mega result (both Q-o-Q and Y-o-Y), something similar could be expected from this stock as well which could trigger the rally( 31 oct expected result date).

84.5 can be used stop loss and 105-107 should be the target which provides a pretty good risk reward from CMP.

*note- One should do thorough analysis and research before taking up any entry.
Nota
trail SL to 87
Dagangan ditutup secara manual

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.