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IOC

IOC is Going to hit upper limit after a Year!!After a year, IOC breaks 3 digits levels, and this time, if it holds resistance at 101 then the coming week target, will be achieved of Rs 116 with stop loss for short-term traders @98.. But if your view long term then no stop loss and also : 1. Last two trading include today- the big volume of trade was executive and last time such volume was there then it gives 10% rally. 2. On 18 may 2021 board meeting and results will be declared. Current scenario good dividend and results will be expected. Note - It may rally down in the next two sessions due to the current scenario of covid and nifty break support but advise to buy on every dip for a long-term scenario.
NSE:IOCLong
by sunnyfutures
IOC Share Price Trend AnalysisMay 07, 2021 Today on 1HR Chart Time frame IOC given 2 breakouts with Good Vol of 9.57 Million. First Breakout is of Trend which was maintained by IOC since April 2021. A resistance has been breakout along with a support which was braked by IOC Share in March 2021. Now this support worked as resistance since last two months which IOC was trying to break. Today it was also broke & closing is on above the resistance Level. Follow THE DECISIVE because WE HELP YOU TO DECIDE! This was just for educational purpose only & not recommending to BUY/SELL of any Script.
NSE:IOCLong
by The_Decisive
IOCNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:IOCLong
by SENSITRADE_T