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Einstein15
Dec 10, 2017 1:56 AM

IOC Triangle Breakout 

INDIAN OIL CORPNSE

Description

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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