IOC Positional view !!
IOC : cmp : 139.7
A small rounding bottom kind of pattern has been formed in D chart.
Closed above Stiff multiyear resistance zone of 132-136.
Closed above previous high in W chart.
RSI trending up.
Profit booking zone may be : 144.8 - 154.75
SL 134.4 Dclbs/According to ur risk apetite.
Positionally can move up to 160+
SL 129.45 Dclbs
Cash and Future Only.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
A small rounding bottom kind of pattern has been formed in D chart.
Closed above Stiff multiyear resistance zone of 132-136.
Closed above previous high in W chart.
RSI trending up.
Profit booking zone may be : 144.8 - 154.75
SL 134.4 Dclbs/According to ur risk apetite.
Positionally can move up to 160+
SL 129.45 Dclbs
Cash and Future Only.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.