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bbrijesh
Sep 23, 2016 4:37 AM

IOC Long

INDIAN OIL CORPORATION LTD.BSE

Description

Pennant Breakout
Comments
akshit9821
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.
bbrijesh
why 497?
akshit9821
Initially the stock was moving sideways, so when it broke out of that consolidation phase, i take it as my starting point. Therefore, 497.
bbrijesh
i consider it from the base of rally ... considering for target predictions, u can calculate from the breakout level.
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