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Thursday, April 13, 2017

Technical Pick - IOC










Technical Pick - IOC










IOC is giving a breakout on daily chart and having breakout point at 416.  Above 416 we may see a rally. Weekly close above 416 will see sharp upside rally till 425 and then to 435+ mark in days to come.
 For positional trade, stop loss seeing at 405. It will get positional weak only below 405 mark which is unlikely to breach in near terms.





Trading Recommendation



Buy IOC Future above 416 on closing basis with Stop loss of 405 on closing basis

















More will update soon!!