The key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Can hold after the target!
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Might blast to more than 577++
Super Bullish on this stock.
From Rachit Sethia with 💚
Suez Canal crisis may help IOC share go up.
Market says: if sellers are low and buyers are high! Price will increase.
Due to crisis at suez petrol crisis may occur. Obviously it will affect IOC Share price. NSE:IOC
Indian Oil Corporation has formed triple top and now tested the support zone thrice in last 4 months.
If stock breaks 90 then aim for targets of 88.25, 87.50 & 84.50 next week
On the other hand if stock bounces from support and breaks 92.50 then aim 94.70, 96.70 and 97.50 in next wekk
P.S. --- This stock is not good for Intraday so consider only swing
IOC stock is forming W pattern which is the sign of bullishness.currently stock is trading in the zone or box. Buy only once the stock has broken the resistance level. Good buy above 105 for the target price of 115 -120 with the small SL of 98. This is for pure educational ideas.
When IOC breakout above 104.50 and sustain this level
then the following targets on the chart will be successfully achieved in few sessions
support around 99.50
add more on dips
and hold it for good returns..!