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TargetHit
Mar 5, 2021 5:58 PM

Long opportunity positional trade Long

INDIAN OIL CORPNSE

Description

Levels mentioned on chart
Comments
N50-ANALYST
only if it closes and sustains above 105
GosarHiren1706
@N50-ANALYST, 104 been resistant from 3 times .
N50-ANALYST
@GosarHiren1706, yes exactly
DalalStreetTrader
@GosarHiren1706, Means It can break now right
N50-ANALYST
@GosarHiren1706, again it failed to cross 105 😅
DalalStreetTrader
@N50-ANALYST, Should enter at 110 right. It's safe
N50-ANALYST
@DalalStreetTrader, check volume when it breaches 105 and closes above the same then only you go for buy, until now its a Triple Top with strong support at 90
N50-ANALYST
cmp-90 ioc again failed to cross 105...82-85 is a good range to consider a long position in this stock, with short to long term view , this stocks pays 8-10% dividend as well
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