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doublebreakout

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Indian Oil - Double Breakouts
IOC, D
Long
IOC: Indian Oil - Double Breakouts
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It is been observed on the daily chart that the price action firstly breaks out from a big downward or zig zag consolidation and then again consolidated in a small triangle formation and now it breaks out from that too, indicating a strong bullish move ahead. Target 1: 400 Target 2: 410 Stoploss: 380

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