raigvivek

Daily Bullish Flag Breakout in OIL PSU Stock

Long
raigvivek Mis à jour   
NSE:IOC   INDIAN OIL CORP
A Bullish Breakout of Flag and Pole pattern is visible on the Weekly chart of IOC


MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.

One can create a fresh position in the scrip as per the levels mentioned on the chart.





Risk Disclaimer:

The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
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SL Triggered.......

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