IOC: Short term & Mid term view- Bullish

Daily MACD Cut may come on upcoming days and weekly indicators are positive. In Weekly Ichimoku chart, Price took support on conversion line and Conversion line above the base line. Lagging span above the day close. Once it coming out of the cloud, price may zoom up further. Weekly MACD crossover may happen on upcoming months. These parameters may help to reach the targets.

Vijayaraghavan.K,
Kovilpatti, Tuticorin dist.