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.
Note
I will wait for 175 breakout. After that it can fly.Note
Due to dividend. this stock has reduced a bit. Pure accumulation zone only.Note
It can go upto 203 levels soon.Note
At good buying levels again.Note
170-175 is good accumulation zone. Will bounce back soon from this level.Note
175 above is good buying zone of IOC.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.