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k314

Indian Oil Corp Short setup

Short
INDIAN OIL CORP (NSE:IOC)  
k314  
NSE:IOC   INDIAN OIL CORP
Technical Indicators Chart Patterns Trend Analysis IOC indianoil indianoilcorp
193 views
10
2
indicator chartpattern trendanalysis ioc indianoil indianoilcorp
Short IOC between 405-412

T1: 394
T2: 380
T3: 370

SL: 425
Trade active
Trade active: Trendlines acting as strong resistance so far
Trade closed: stop reached
Comment: After giving a false breakout and triggering our SL its moving towards our target

Comments

coolmuthz
Omg gawd.. Rex your trades are reaching stops ultratech IOC bank of baroda.. Please don't get me wrong, more analysis might be needed...
+1 Reply
k314 coolmuthz
@coolmuthz, You are right sir. Losses are part of the business. And all 3 you mentioned were counter trend traders and risky in first place. Will fine tune and be more careful going fwd. Regards
Reply
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