TrishulTrader

bullish divergence trade

NSE:IOC   INDIAN OIL CORP
IOC has breached falling trendline after positive RSI divergence . At the same time RSC is trending up with cross over. Buy can be done at 85 and 83 with stop loss below 81 for target of 93-97
Trade active: trade activated 2 days back. yesterday made a bullish large candle with volume. sl is trailed to 82.5

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