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ayushgpicloud

IOC possible cup and handle pattern on support breaking trend

Long
INDIAN OIL CORP (NSE:IOC)  
ayushgpicloud  
NSE:IOC   INDIAN OIL CORP
Cup And Handle Trend Lines Support and Resistance IOC
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cupandhandle trendline supportandresistance ioc
IOC could take support on the trend line it just broke on weekly chart. It is forming a cup and handle pattern and could give a breakout in coming week, need to wait for it to form the handle and give a breakout. It is also forming an ascending wedge.

The results have also been great for IOC.
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