INDIAN OIL CORPORATION LONG

As the chart shows, Indian Oil Corporation has given a BREAKOUT from a 3 year old resistance. (OPEN THE CHART FOR DETAILED VIEW)

LEVELS:

Entry: CMP (111-112)
Target 1: 127.50
Target 2: 144.50
Target 3: 155.50

STOP LOSS: 102
TRAIL STOP LOSS

VOLUMES ARE TOO GOOD!!

Risk-Reward Ratio favorable

I would recommend a long swing trade.

FOLLOW IF YOU LIKE THE ANALYSIS
LIKE AND DO COMMENT YOUR VIEWS ON THIS!!

THANKS