Date: 16-Jan-2022.
Rating: Buy.
LTP: Rs. 123.30.
Target: Rs. 140-->150.
SL: Follow the trailing SL indicated by the moving averages.
IOC
has created a break out from the current secondary trend with higher volume . 7D EMA has crossed over 13D and 26D EMA lines, suggesting an uptrend from here. MACD and RSI have also crossed over to buy zone.
Disclaimer: Investing in stock market is very risky. One should do a self analysis and validation before investing in stock market.
Rating: Buy.
LTP: Rs. 123.30.
Target: Rs. 140-->150.
SL: Follow the trailing SL indicated by the moving averages.
IOC
has created a break out from the current secondary trend with higher volume . 7D EMA has crossed over 13D and 26D EMA lines, suggesting an uptrend from here. MACD and RSI have also crossed over to buy zone. Disclaimer: Investing in stock market is very risky. One should do a self analysis and validation before investing in stock market.