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designDemon
May 6, 2020 6:21 PM

IOC INTRADAY Long  Long

INDIAN OIL CORPNSE

Description

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?

Comment

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.
Comments
Shivay19
I am long with SL 75.5 Hope's alive
designDemon
@Shivay19, haha, I closed the trade buying a bit lower around 75 and selling at 76.35 as BO orders are not working on zerodha for me for some reason and cant stay in front of the screen
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