Get started

Indianoilcorpfutures

Indian Oil Corporation | Volume Breakout huge buying of all timeprice at support after that huge buying done in this stock we can see a short term target like 140 , 150 very soon need some some correction at 115 area . this are the thing you must aware of for this trade 1 ) price touching support again and again 2 ) head and shoulder like pattern -----------Head and Shoulder Pattern on daily chart or mostly rejection at top 3 ) if price goes below 110 none of your stop will be executed a sudden dump highly possible due to huge volume .. weak hand will be taken down 4 ) on weekly price can take support at RSI ---------Chart : weekly RSI support chart Weekly Chart and RSI When to buy do we have any kind of confirmation closing above black line support trend line ( weekly closing above 120 - 121 ) only risk taker can buy here Buy : ladder 114 - 120 Stop : 105 Target : 130 , 140 ,160 ( 1 - 2 month )
NSE:IOCLong
by iamcryptoman