Indian Oil looks good for 30-40% upside in coming months
#IOC looks great here as it is breaking out
30-40% move is possible in coming months.
More so, If anyone is holding this for long-term, along with the upside, there is a good % that one can earn in terms of Dividend yield. In the past 12 months, Indian Oil Corporation Ltd. has declared an equity dividend amounting to Rs 8.00 per share. At the current share price of Rs 106.55, this results in a dividend yield of 7.51%
30-40% move is possible in coming months.
More so, If anyone is holding this for long-term, along with the upside, there is a good % that one can earn in terms of Dividend yield. In the past 12 months, Indian Oil Corporation Ltd. has declared an equity dividend amounting to Rs 8.00 per share. At the current share price of Rs 106.55, this results in a dividend yield of 7.51%
Trade active:
#IOC
Target 1 hit
14% returns so far
More to come
Target 1 hit
14% returns so far
More to come
Trade active:
#IOC
Target 2 hit
40% returns done
Stock is at major resistance now; hence partial profit taking is a wise thing to do here.
Once this breaks and stock hits ATH, this will fly very hard!
Target 2 hit
40% returns done
Stock is at major resistance now; hence partial profit taking is a wise thing to do here.
Once this breaks and stock hits ATH, this will fly very hard!
Trade closed: target reached:
>8% up today
Target 3 is also done in style
Overall >62% profit
What a good move! Position Closed!
Target 3 is also done in style
Overall >62% profit
What a good move! Position Closed!
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