A Paper Trade Idea on IOC
CMP 146.
It is at brink of breaking the neckline. at 146.7
Price Actions show strong Higher Low patterns.
Looks like it is a valid reversal pattern following a steep correction.
Conservative SL at 3% from cmp of 146.3
Aggressive SL at 6% from CMP.
I am Not a SEBI registered RA> this is just an paper trade Idea. Real trades are at your own risk
CMP 146.
It is at brink of breaking the neckline. at 146.7
Price Actions show strong Higher Low patterns.
Looks like it is a valid reversal pattern following a steep correction.
Conservative SL at 3% from cmp of 146.3
Aggressive SL at 6% from CMP.
I am Not a SEBI registered RA> this is just an paper trade Idea. Real trades are at your own risk
Note
One can wait for B/O and retest at 146 to 150 levels.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.