IOC trade ideas
IOC "Long"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.
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
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--Prabhu Rajarathinam
IOCIOC 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.
#ResultpreviewwithMrChartist
IOC Inside Bar 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.