INDIAN OIL CORP LTD

[Positional] IOC Nested Cup and Handle Neckline

Updated

Shorting it with a SAR in the neckline.

Note

SAR - Stop and Reverse. If SL hits, one should exit with 2 lots so that 1 lot closes the sell trade and another initiates the buy

Trade closed: target reached

Book this one too. 30% allocation completely booked now and we're lying on free margin!

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