IOC trade ideas
IOC Buy 1" Margin trading is NOT recommended. Do your OWN analysis before initiate trade."
Buy Below 150
Target 160
Stop Loss 125
IOC Gearing up for Huge UpMove ??????IOC Important Hurdle at 160.4 Weekly Close above this Stock will Rocket. Looking at Momentum it is likely possible this will happen. Buy once stock gives weekly close above 160.4 and Hold with Patience. Cheers!!!!!!
IOC Double Top Short TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
SHORT TERM || SELL || IOCOne may sell IOC on rise with SL of 157.6 and targets of 153.2/ 150.5 . A retracement on the downside may be on the cards.
Indian Oil may again fall from 160Wait for the price pattern to form at around 160 level. The stock has faced strong resistance multiple times at this level. A rejection from the 160-level can pull the stock down to 140.
Sell on Rise in FuturesThis one is moving up , and its moving very weak , i am looking to sell on reversal near the forecast area , but buying for the upside move is bad idea ,
One can look for opportunity in short selling after you see the reversal
