Friday 17 February 2017

Technical Equity Pick - IOC 20 Feb 2017

IOC Technical Pick
(CMP - 385.25)

Past 2 years' weekly trend


Running a Bull, IOC showing positive Buy indicators. Weekly trend for past 2 years show a rise trend with corrections. Expected to touch 500+ levels with this pace in a few weeks subject to no negative news or announcements.

Past 6 months' Daily Trend


Target 1 - 402--405


Target 2 - 420+


Stop Loss - 370


Long Term Target 500+




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