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NeeteshJain
Apr 7, 2017 4:02 AM

Indian Oil - Double Breakouts  Long

INDIAN OIL CORPORATION LTD.BSE

Description

It is been observed on the daily chart that the price action firstly breaks out from a big downward or zig zag consolidation and then again consolidated in a small triangle formation and now it breaks out from that too, indicating a strong bullish move ahead.

Target 1: 400

Target 2: 410

Stoploss: 380

Trade active

Comment

Closing to Target 1

Trade closed: target reached

Today, Target 1 reached successfully. Regards
Comments
rajesh2467
nice trade happening. thanks for sharing.
powerofcharts
lovely
IamRam
Great suggestion. Thanks.
piptamil
Wishes neetesh
nirav5
Nice pickup Neetesh.
NeeteshJain
@nirav5, Thank you, appreciate it. Regards
Trade-Wealth
Great pick up Neetesh Bhai
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