BSE:IOC   INDIAN OIL CORPORATION LTD
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9
Pennant Breakout

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Hi.Just need a clarification. Will I be wrong if I take flag pole from 497 levels? Asking this so that I can fix a target for this share. Thanks.
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bbrijesh akshit9821
why 497?
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akshit9821 bbrijesh
Initially the stock was moving sideways, so when it broke out of that consolidation phase, i take it as my starting point. Therefore, 497.
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bbrijesh akshit9821
i consider it from the base of rally ... considering for target predictions, u can calculate from the breakout level.
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