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Imshubham224

IOC - Head & Shoulder Pattern

Long
INDIAN OIL CORP (NSE:IOC)  
Imshubham224 Updated   
NSE:IOC   INDIAN OIL CORP
Chart Patterns Head and Shoulders
3
0
chartpattern headandshoulders
IOC in transition to form Head & Shoulder Pattern in Daily chart.
Work for neckline to break with good volume.
If break then next target would be 115/120.
NOTE :- All Information are for Education Purpose only. You can take trade on your own analysis.
Comment:
Trading as expected, Let's see if pattern complete & give breakout as we are expecting.
Comment:
Pattern Completed , Now we can Expect breakout after consolidation for 2-3 days here.
Comment:
Going perfect as expected ,Now shift SL near Cost Zone.
Comment:
Consolidating , Now Shifting of SL above Cost Zone should be done & wait risk free.
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