NSE:IOC   INDIAN OIL CORP
#IOC

- Strong bullish trend with good volume .
- However, we can see that RSI is in an overbought zone in Daily with a pullback reversal sign in Lower (Hourly) TF.
- Also, the price is trading near the upper channel of an Ascending Channel Pattern
- TE INDICATOR gave a SELL SIGNAL in hourly as well.

Levels are clearly marked on the Charts published on my Tradingview account.

INDICATORS USED:-
1. Fibonacci Retracement
2. Volume
3. Open Interest Data
4. Valuation Bands by TradingEdge Academy
&
* Proprietary Indicator *
"Trend and Reversals with Volume" by TradingEdge Academy
For more information regarding our services, please contact us. Check my profile information for contact details.

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Garey
Whatsapp - +91 9999 504 500