HARMONICSANAND

cup & handle candidate !

Long
NSE:IOC   INDIAN OIL CORP
IOC :

trade set up :
1. buy above 116
2. keep stop loss as 100
on closing basis
3. targets 131/143/162+

key technical highlights :
1. cup & handle
2. trend line
3. value
note :
stock is trading at handle portion of the (c&h) pattern . recent ( Q on Q ) is good.
expected a good breakout with this pattern for good returns . good long term pick
Trade active

Comments

Medium to long term bet. Read the chart with close observation @
+2 Reply
Longer the cup, stronger the move.
+1 Reply
Let us talk to chart and understand well what it is trying to convey us with close observation! Longer the cup, stronger the trend@
+1 Reply
what a RR bro!
+1 Reply