INDIAN OIL CORP LTDShort
DOUBLE TOP
SHORT IOC:-
1) SITTING AT STRONG RESISTANCE
2) DOUBLE TOP FORMATION AT 15 M TIME FRAME.
3) GOOD RISK REWARD RATIO.
4)DECREASE IN VOLUME AT SECOND TOP.
5) RSI DIVERGENCE (15MIN.)
TAKE CONFIRMATION OF PATTERN WHEN IT BREAKS 102.70 (SHORT).
1) SITTING AT STRONG RESISTANCE
2) DOUBLE TOP FORMATION AT 15 M TIME FRAME.
3) GOOD RISK REWARD RATIO.
4)DECREASE IN VOLUME AT SECOND TOP.
5) RSI DIVERGENCE (15MIN.)
TAKE CONFIRMATION OF PATTERN WHEN IT BREAKS 102.70 (SHORT).
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