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DrBukkabwoi

LIOC

Long
LANKA IOC PLC (CSELK:LIOC.N0000)  
DrBukkabwoi  
CSELK:LIOC.N0000   LANKA IOC PLC
Trend Analysis lioc oilstocks Crude Oil
2
0
trendanalysis lioc oilstocks crudeoil
LIOC has bounced back from its support (175).

Pros
strong support zone at 175
DMA200 at rescue
RSI Bullish Divergence + trendline support

Cons
Descending triangle
Negative sentiment ( FUD due to fuel price drop)

Stoploss 173/DCA (if not on margin)
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