IOC will become very bullish above 175. It is in long consolidating phase. so breakout will make it shoot.Keep in radar. It has lot of potential. 200 is straight target Then according to fibo extension you can trail the targets but i tell you it has potential to become double in short time.
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I will wait for 175 breakout. After that it can fly.
Trade active
Looks like breakout.
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Breakout done & retesting also today.
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Due to dividend. this stock has reduced a bit. Pure accumulation zone only.
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It can go upto 203 levels soon.
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Ready for new ATH
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IOC Good move till 181-185. Sustaining above 182 will give next moves.
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At good buying levels again.
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170-175 is good accumulation zone. Will bounce back soon from this level.
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