IOC BOX BEAKOUT ANALYSIS 12.02.2021
BUY 95 TO 92
TARGET 105
Reason For Buying This Stock :
First conformation : It have broke resistance line after the side way, And closed above the resistance line.
Second conformation : In day chart it is forming trend line and channel line formation, Now it is in bottom of the channel line, Waiting for the reversal point.
Once it has crossed 105 and it should close above 105 in weekly candle and the next target p to 120
Note :
Above this given levels are based on weekly time frame, So it will take some days to achieve the target be patience.
TARGET 105
Reason For Buying This Stock :
First conformation : It have broke resistance line after the side way, And closed above the resistance line.
Second conformation : In day chart it is forming trend line and channel line formation, Now it is in bottom of the channel line, Waiting for the reversal point.
Once it has crossed 105 and it should close above 105 in weekly candle and the next target p to 120
Note :
Above this given levels are based on weekly time frame, So it will take some days to achieve the target be patience.
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