Name - #IOC
CMP - 114
SL - 99
Target - 130/150/200
Time Frame - 6 - 12 Months
Technical Triggers -
1) Stock has just broken out from a multi year downtrend on high volumes
2) Stock is taking support at the 200 EMA
3) Stock is in the proccess of making a multi year rounded bottom
This is a slow compounding stock and expect slow moves in this one
CMP - 114
SL - 99
Target - 130/150/200
Time Frame - 6 - 12 Months
Technical Triggers -
1) Stock has just broken out from a multi year downtrend on high volumes
2) Stock is taking support at the 200 EMA
3) Stock is in the proccess of making a multi year rounded bottom
This is a slow compounding stock and expect slow moves in this one