Ioclong
IOC - Positional idea | Potential 100% gainKey Highlights:
1. Bullish market structure - HH, HL
2. Volume expansion
3. Coming out of the accumulation
4. Approaching major resistance zone 115-122
5. Positions can be added between 100-115
6. Close above 122 will trigger a rally to 160
7. Target: 155, 186, 228. Stop Loss: 85
8. Time frame: 15-18 months
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
ONGC Ready For 40% - Multi Year BrekoutHere is the detail analysis of ONGC . Its a buy candidate . Stock is ready for uptrend after the multi year resistance has been taken our. We are just using ripple to enter early.
Buy - Above 124
SL- 110
Target - 138 150 160 175
Duration- 6 months and above
But Swing Traders can take advantage by catching the early targets mentioned.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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IOC Head & Shoulder BreakoutBuy IOC In Future
Closing Price - 94.85
SL - 91.7
Target - 100
Lot Size - 6500 Shares
Risk - 20475
Gain - 33475
IOC "HEAD & SHOULDER" OBSERVEDDaily Close Above 97.5, Buy It
If Weekly Close Above 97.5, Hold It Tight
SL - 89.9 (DCB), Target - 122/130
