Hi All ,
Everything on chart. Minimum Target 435
No Naked Futures / Calls
3 strategy :
Buy April futures , Buy April 420 PUT
Buy April 420 calls , Sell april 440 or 430 calls
Buy April 420 calls 2 lots , Buy april 420 put 1 lot (Put /call combination as per ur chooice).
Note : Consult your financial adviser before investing ,...
IOC has run a lot . If Intermediary (3) is ending it will correct to minimum Rs 405 and more. Now the great puzzle is, is the wave v - circled in minor 5 extending . There are two points
1. RSI is equal at iii and v- circled . iii should have the highest RSI.
2. Although volume is not more than in iii or (iii) . But is rising in v - circled.
3. Wave iii -...
IOC is showing Up Flag pattern which is a Bullish pattern with a nice breakout with good volume.
Target around 470
Also MACD showing a crossover 4 candles before the breakout
(this is just for study purpose, PROs please advice)