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kaushal980950
Mar 23, 2024 5:29 PM
IOC taking support at previous resistance level
Long
NSE:IOC
1W
INDIAN OIL CORP
NSE
Description
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Mar 23, 2024 5:29 PM
Apart from BPCL, IOC is also given a multiyear breakout and has taken support at the same level and formed a kind of hammer candlestick pattern in the weekly timeframe.
Support and Resistance
Candlestick Analysis
Cup And Handle
Comments
sinharanadhir18
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Mar 25, 2024 4:30 PM
the stock moved more than 100% during last 5 months so I expect consolidation
kaushal980950
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Mar 25, 2024 4:43 PM
@sinharanadhir18
but if it crosses its previous high then again it can go further up.
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