IOC has formed a bullish structure on the weekly chart. A crucial aspect is a weekly RSI close above 60. It is also about to break out from a down trending line. A long position could be considered keeping the following levels in mind:
Please do wait for at least a 15 min candle close above the "LONG ABOVE" level before initiating the trade. _______________________________________________________________________________________________________________________________
Trade active
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Marching steadily towards target 1, 83 has been achieved.