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Indian Oil Corporation (IOC)

Discussion in 'Technical Analysis' started by sachinmore08, Feb 7, 2014.

  1. sachinmore08

    sachinmore08 New Member

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    Hi Shabbir,

    IOC broke out from its 238.5 resistance level and look quite promising to buy at current level. any thoughts ?
     
  2. shabbir

    shabbir Administrator Staff Member

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    Should be a good buy but whats your stop loss.
     
  3. mbjeh

    mbjeh New Member

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    RSI crossed 70, will it sustain up move?
     
  4. shabbir

    shabbir Administrator Staff Member

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    Breakout above 250 should help keep the momentum going