SWINGERTRADER1

BUY SIGNAL FOR POSITIONAL TRADE INDIAN OIL CORPORATIONS

Long
NSE:IOC   INDIAN OIL CORP

See the chart and understood the facts.
Due to election oil prices are steady, after Election slowly slowly prices will hike. These companies will be benefitted.

Why now: see the chart ,
First ,clearly forming a flag and pattern chart on weekly time frame.
Second , it has been corrected from 198 and formed base at near 160 and multiple time respected.
Third ,trading above all important moving average.

What to do if stoploss hits
Just exit

Disclaimer: it is only educational purposes. Don't take it as any investment idea .we are not sebi registered. I am also learning and earning.
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