INDIAN OIL CORP LTD
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Long | IOC

101
IOC has been consolidating in a parallel channel for about a year now and it is now about to give BO. It has also formed a small rounding bottom near the upper TL which is also a bullish pattern. When the Tl gets breached one can go long at 105.5 and expect to see 108.5 in the short term and even 120 levels to be tested again.

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