BeingNick

IOC - Long Idea - For Positional Trade Target 150

Long
NSE:IOC   INDIAN OIL CORP
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.
Trade active: Target 1 Achieved - 130
Trailing Stoploss moved up to - 115
Trading Active
Trade active: Trailing Stoploss Moved up to 120
Trade 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.