Einstein15

IOC Triangle Breakout

NSE:IOC   INDIAN OIL CORP
IOC has been moving in a triangle for a while. After a recent consolidation at its base and a duoble bottom, it made a big leg up to it trendline , may reverse frmo there or make a flag before breaking out to the next trendline , or making a leg down to th base again. FIB levels looks good and coincides withthe sup/resistance and Trendlines .
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