jay-chopra

Long term bullish candle trendline formed in IOC

Long
jay-chopra Updated   
NSE:IOC   INDIAN OIL CORP
IOC

An extremely bullish candle is formed when a trendline is drawn in long term chart patterns in state owned IOCL. People investing on EVs should understand that power stations for EVs will be set by these OMC's. Stock is available at P/E of just 4.
Comment:
IOC generated 5% return last week. Expecting good results on Monday (31/01/2022).
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