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I-Fund-Trader
Jan 2, 2019 1:52 PM

Long on drop reversal  Long

INDIAN OIL CORPNSE

Description

This scrip will have to make one more drop and reverse on daily
This one i am looking for very small position in cash only , Not in futures , and it will be very noisy move ,

Trade active

I am updating as trading active , that means you have to wait for complete reversal
they have dropped till 132.15 as low , Not necessary they have to come to the level i have mentioned , they can turn form this level any time , watch for it

Comment

OK it made to 129.65 and its moving up , but its moving very weak , Now i am trailing my stop if it turns i am out , Now after viewing this move i am looking for one more major drop before it can turn the face to upside
So far 130 to 137
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