IOC - Long Idea - For Positional Trade Target 150
Updated
Scrip Name: Indian Oil Corporation
Setup : (Weekly Breakout Strategy)
Entry - 115- 118
Stoploss - 100 (In case it reaches this price levels due to market correction, additional positions can be added).
Target 1 - 130
Target - 2 - 140
Target 3 - 150
Time Period - 3 Months
The Stock is also providing a good Dividend Yield.
Setup : (Weekly Breakout Strategy)
Entry - 115- 118
Stoploss - 100 (In case it reaches this price levels due to market correction, additional positions can be added).
Target 1 - 130
Target - 2 - 140
Target 3 - 150
Time Period - 3 Months
The Stock is also providing a good Dividend Yield.
Trade active
Target 1 Achieved - 130Trailing Stoploss moved up to - 115
Trading Active
Trade active
Trailing Stoploss Moved up to 120Trade active
IOC has declared a Dividend of 5/- rupees and Record date is 12 November & Interim Dividend Payment date is on or Before 29th November.
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