Firstly I wish all my friends A very Happy & Safe DIWALI, Take at most care with your KIDS !
We have planned a DIWALI Gift to all my MO family members , Please check out or ping on my direct chat !!
#HINDPETRO whooping 4.5%
Bagged 20K alone.
All other scripts shared today are ready with results, check out.
Happy DIWALI once Again !!!!!!!!!!!
As we mark some trendlines and used some random indicators and in the end we have got the result that it may b give a breakout in bearish side.
if it breaks the trend line in bearish side the 1st price target will be 117.60 and 2nd price target will be 117.
if the trend breakout moves in bullish side then the 1st price target will be 119.55.
but the important...
Cup and handle pattern is formed in IOC daily and weekly time frame chart pattern waits for a clean breakout and then takes a long position.
Disclaimer:- This is only for educational purposes please do your own analysis before investing hard-earned money.
Scrip Name: Indian Oil Corporation
Setup : (Weekly Breakout Strategy)
Entry - 115- 118
Stoploss - 100 (In case it reaches this price levels due to market correction, additional positions can be added).
Target 1 - 130
Target - 2 - 140
Target 3 - 150
Time Period - 3 Months
The Stock is also providing a good Dividend Yield.