IOC Positional view !!

IOC : cmp : 139.7
A small rounding bottom kind of pattern has been formed in D chart.
Closed above Stiff multiyear resistance zone of 132-136.
Closed above previous high in W chart.
RSI trending up.

Profit booking zone may be : 144.8 - 154.75
SL 134.4 Dclbs/According to ur risk apetite.

Positionally can move up to 160+
SL 129.45 Dclbs

Cash and Future Only.




Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.