IOC is near strong support and it is going to start its rally...
Tomorrow IOC can go down first towards 121 and from that point it'll start recover..
Intraday buy IOC @ 121.10-121.25 Target 123,124.05,125.85 Stoploss 120
For positional Buy @ 121.5 stoploss 118.8 Target open..
Price already broke a major Monthly support and now also trading below a daily support level. I see no sign of reversal so far. We can short and coming targets would be 120/110. Enter @ CMP with price confirmation.