Indian Oil - Double Breakouts
Updated
It is been observed on the daily chart that the price action firstly breaks out from a big downward or zig zag consolidation and then again consolidated in a small triangle formation and now it breaks out from that too, indicating a strong bullish move ahead.
Target 1: 400
Target 2: 410
Stoploss: 380
Target 1: 400
Target 2: 410
Stoploss: 380
Trade active
Note
Closing to Target 1Trade closed: target reached
Today, Target 1 reached successfully. Regards
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