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Novicetrader2015

Indian Oil - Triple Top Breakdown ??

INDIAN OIL CORP (NSE:IOC)  
Novicetrader2015  
NSE:IOC   INDIAN OIL CORP
Double Top or Bottom Support and Resistance Trend Lines IOC Oil indianoilcorp swingtrading tuesday
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doubletoporbottom supportandresistance trendline ioc oil indianoilcorp swingtrading tuesday
Indian Oil Corporation has formed triple top and now tested the support zone thrice in last 4 months.

If stock breaks 90 then aim for targets of 88.25, 87.50 & 84.50 next week
On the other hand if stock bounces from support and breaks 92.50 then aim 94.70, 96.70 and 97.50 in next wekk

P.S. --- This stock is not good for Intraday so consider only swing
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