dhruvdhotkar

IOC WAITING FOR A BREAKOUT

Long
dhruvdhotkar Updated   
NSE:IOC   INDIAN OIL CORP
IOC has strong resistance at 92 - 93
IOC was on a short term downtrend or correction and was observed a double bottom in hourly time frame
IOC broke out of downtrend or correction and forms an ascending tringle
if IOC breaks out, we can expect an upward trend till 96 or incase breaks down to 86.7
Let me know if you have any suggestions or recommendations.
Thank you.
Disclaimer :- Just an idea not any recommendation
Trade closed: target reached:
what a rally!!!! had not expected this kind of rally after breakout
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