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OK_Rane

IOC - Expanding channel, Cup and Handle breakout

Long
INDIAN OIL CORP (NSE:IOC)  
OK_Rane  
NSE:IOC   INDIAN OIL CORP
Chart Patterns Trend Analysis Technical Indicators indianoilcorp expandingchannel
1
2
chartpattern trendanalysis indicator indianoilcorp expandingchannel
Observations :
1. Expanding channel contains 2 patterns, Head and Shoulder, Cup and Handle.
2. Breakout with increase in Volume
3. Strong momentum
4. Fundamentally strong deal

Targets:
T1 : 112
T2 : 125

Stoploss: 97



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