INDIAN OIL CORP LTDMis à jour GOOD TRADING SETUP DEVELOPING IN IOC
The stock has been making clean impulse moves from oct 2022 and seems to have completed the wave 4 structure. The 5th wave for the stock should be beginning shortly which can drive the stock up nearly 12-17%.
With one of its peers(BPCL) already announcing a mega result (both Q-o-Q and Y-o-Y), something similar could be expected from this stock as well which could trigger the rally( 31 oct expected result date).
84.5 can be used stop loss and 105-107 should be the target which provides a pretty good risk reward from CMP.
*note- One should do thorough analysis and research before taking up any entry.
With one of its peers(BPCL) already announcing a mega result (both Q-o-Q and Y-o-Y), something similar could be expected from this stock as well which could trigger the rally( 31 oct expected result date).
84.5 can be used stop loss and 105-107 should be the target which provides a pretty good risk reward from CMP.
*note- One should do thorough analysis and research before taking up any entry.
Note
trail SL to 87Trade fermée manuellement
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.