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Imshubham224
Dec 27, 2020 8:42 PM

IOC - Head & Shoulder Pattern Long

INDIAN OIL CORPNSE

Description

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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