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HARMONICSANAND
Aug 18, 2021 8:40 AM

cup & handle candidate ! Long

INDIAN OIL CORPNSE

Description

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

Comment

127.50 high

Comment

130.40 high

Comment

134.90 high

Comment

140 high made
Comments
MarimuthuSuppaya
Medium to long term bet. Read the chart with close observation @
AdvikTyagi
what a RR bro!
MarimuthuSuppaya
Longer the cup, stronger the move.
MarimuthuSuppaya
Let us talk to chart and understand well what it is trying to convey us with close observation! Longer the cup, stronger the trend@
HARMONICSANAND
target 1 done
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