Ommiee4141

IOC - Expanding channel, Cup and Handle breakout

Long
NSE:IOC   INDIAN OIL CORP
Observations :
1. Expanding channel contains 2 patterns, Head and Shoulder, Cup and Handle .
2. Breakout with increase in Volume
3. Strong momentum
4. Fundamentally strong deal

Targets:
T1 : 112
T2 : 125

Stoploss: 97