IOC INTRADAY Long
Updated
Long @ 76.6 with target at 79.75 and stoploss at 75.4
Bearish candle at P1 with declining trend
Beginning of a morning Star pattern formation with gap down pin bar showing severe price rejection on P2
RSI reaching close to oversold levels again and price at the edge of bollinger bands
What do you guys think?
Bearish candle at P1 with declining trend
Beginning of a morning Star pattern formation with gap down pin bar showing severe price rejection on P2
RSI reaching close to oversold levels again and price at the edge of bollinger bands
What do you guys think?
Note
lucily the stock opened lower than yesterdays closing. So entered @ 75 and exited at 76.35 as then it started to show a strong bulling trend.
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