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IOC shows signs of a bullish reversal

Long
INDIAN OIL CORP (NSE:IOC)  
Trendxinc  
NSE:IOC   INDIAN OIL CORP
Trend Analysis Chart Patterns Technical Indicators techincalanalysis
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trendanalysis chartpattern indicator techincalanalysis
IOC shows signs of a bullish reversal:

- Breakout of downsloping wedge pattern

- Above 50-day moving average & MACD bullish crossover

- Anticipated rally targets 200 & 220 levels

- Maintain SL below 164; hold for a few weeks.

#IOC #StockAnalysis

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