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Published on 1/02/2018 1:20:49 PM | Source: Religare Securities Ltd

Buy Indian Oil Corporation Ltd For Target Rs.10.00 - Religare Sec

Posted in Broking Firm Views - Short Term Report| #Oil and Gas Sector #IOC #Trading Report #Religare Securities Ltd

Indian Oil Corporation Limited

IOC has been consolidating in a broader market range for past almost four months on the chart and now trading on the verge of breakout from the same. We advise traders to initiate a fresh long positions through call option in the given range.

Recommendation

Buy Indian Oil Corporation Ltd @ 5-6  Stoploss 3.5 Target 10  CMP 5.30

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