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INDIAN OIL CORP LTD
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Long | IOC

Oleh Bullz_Eye
IOC has been consolidating in a parallel channel for about a year now and it is now about to give BO. It has also formed a small rounding bottom near the upper TL which is also a bullish pattern. When the Tl gets breached one can go long at 105.5 and expect to see 108.5 in the short term and even 120 levels to be tested again.
Chart PatternsParallel ChannelTrend Lines
Bullz_Eye

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