IOC Swing Trade
IOC COuld Go Long . Ioreover after reaching its All time High Indian Oil got corrected to 163 after reaching 183.89 . The reason for its correction was multiple and since then Investors are waiting for a long time for it to correct and then come back on track so that Investors can Invest in this Fundamentally strong Company .
The Stock took support at 163.16 and after that it formed a Bullish Price Action indicating a trend reversal towards Uptrend . After Holding a Level of 165 and reaching and holding at 166-167 Level on 20th September 2024, The stock showed a powerful Bullish sentiment and now it could reach to upper areas Like 167 , 168.93 , 176.96, 173.49 and 174.47
This Trade Analysis is only for Educational Purpose . I am Not SEBI Registered and I am not sharing any Trade Idea or Recommendation . Trade or Invest according to your own Analysis.
The Stock took support at 163.16 and after that it formed a Bullish Price Action indicating a trend reversal towards Uptrend . After Holding a Level of 165 and reaching and holding at 166-167 Level on 20th September 2024, The stock showed a powerful Bullish sentiment and now it could reach to upper areas Like 167 , 168.93 , 176.96, 173.49 and 174.47
This Trade Analysis is only for Educational Purpose . I am Not SEBI Registered and I am not sharing any Trade Idea or Recommendation . Trade or Invest according to your own Analysis.
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