The stock has been making clean impulse moves from oct 2022 and seems to have completed the wave 4 structure. The 5th wave for the stock should be beginning shortly which can drive the stock up nearly 12-17%. With one of its peers(BPCL) already announcing a mega result (both Q-o-Q and Y-o-Y), something similar could be expected from this stock as well which could trigger the rally( 31 oct expected result date). 84.5 can be used stop loss and 105-107 should be the target which provides a …
GOOD TRADING SETUP DEVELOPING IN IOC for NSE:IOC by neeraj_2_sharma
The stock has been making clean impulse moves from oct 2022 and seems to have completed the wave 4 structure. The 5th wave for the stock should be beginning shortly which can drive the stock up nearly 12-17%. With one of its peers(BPCL) already announcing a mega result (both Q-o-Q and Y-o-Y), something similar could…
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