tapovanvashisht

High probability trade Risk 2.5 Rupees Reward 35 rupees

Long
NSE:IOC   INDIAN OIL CORP
Buy at cmp on monday with a strict SL below 121.5

If it turns out to be right you can earn around 1 lakh + on one lot (in futures ) however if it's wrong the max loss is 8-10 K

If trading in future buy Feb series future.

Suggestion and criticism is welcomed.

(Ideally as per harmonic trading you should trade this stock once it reaches level of 160 for shorting but i am taking risk by predicting CD leg which may or may not seem right to people)
Order cancelled: The stock opened below 121.5 this trade idea is null and void

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