IOC trade ideas
IOC LONGOnly for education purpose not to be taken as a trading call.
CHART BY HARMONIC LEARNING AND EARNING
IOC Possible Down before UpIt seems like NSE:IOC has completed an expanding Flat on the 240 as a part of the bigger corrective structure. There is probably one major move to the downside before an upmove. The Downmove in question has just finished a running flat and is likely continuing the move down to retest the recent lows of the structure.
#IOC BUY SETUP BUY "Don't focus on making money; focus on protecting what you have."
- Paul Tudor Jones
IOC theta decay idea on basis of S&Rthere is resistance at 460, with no fundamental news future, it looks like the bull run of ioc has lost the steam it is safe to short 470ce @ 8.50
IOC, BUYBUYing in this zone has a potential to reach 454, then upto 500 levels.
A bullish breakout has happened as expected. You can have a look at my previous post.
Follow and like if you agree with my analysis.
Comments are Welcome.
IOC.. DONT FORGET MEALL IN A RHYTHM.......BPCL,,,,,HPCL----
I WILL COME BACK LATER TO FILL THE LEAP... FIRST LET ME FALL
INDIAN OIL SELL SETUPDIS STOCK BROKEN ITS TREND LIND AND RETEST IT BUT FAIL TO CROSS SO WE TAKE SHORT POSITION . ENTRY STOP LOSS AND TARGET GIVEN ON CHART...
IF YOU AGREE WITH MY VIEW THEN PLEASE HIT LIKE I REALLY APPRECIATE THAT.
TRADE WITH CARE
REGARDS
KING999
