Falcon_Trader_1

IOC - can it stick to its character? - Target Rs. 90

NSE:IOC   INDIAN OIL CORP
IOC has never completed Elliott Wave ever, every time it does, there is something happening. This time its covid19, and now a new wave started for it in September 2020.

If we go through past charts and price points, I can clearly see it crossing Rs. 80 and touching even Rs. 90 - and all this in a short period of time. Who wants to make money on this stock? Comment for more observations.

What are we discussing?
  • IOC target price Rs. 90 (Possible?) - Can it break Rs. 84??
  • Don't wait for all 5 waves...
Trade active:
It has moved ahead of Rs. 84 ... target Rs. 90
Follow me for more ideas ...
Trade closed: target reached:
Target of Rs. 84 reached and can possibly cross Rs. 90 in few weeks. It is gaining strength but since Nifty is about to correct, better to book profits and exit.
Trade closed: target reached:
Our final target of Rs. 90 has also reached. Follow me for more trading ideas like this where you can make more than you have ever imagined.

Falcon Trader
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