OPEC has decide to cut new production of crude, due to this cues there is a probability to price will rise of crude. and this will benefits of Oil marketing co.
Best buying level for IOC is @145.80-143.00, Sl@142.00, target 155.65.
Hi all, Expecting IOC Retesting 4H trend line in case price continue drop and break below 141.75 i look for daily trend line bounce consider long again meanwhile anything change review this idea.
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IOC trading in bullish pattern but stock nearest resistance at 155.8 level if stock able to hold resistance and close above resistance level post result we can see upside toward 160-165-170 level and if stock not able to hold resistance and break 148 support we can see 144-142 levels post result.