Stock of the day : Indian Oil Corporation Ltd by Target Rs. 196- Religare Broking Ltd
Indian Oil Corporation Ltd

* IOC exhibits a structurally bullish technical configuration, characterized by a decisive upside breakout and sustained trading above key moving averages, confirming trend strength.
* The formation of constant higher highs and higher lows, accompanied by improving volumes, validates strong buying interest.
* Prices are moving within an rising channel, indicating persistence of the prevailing uptrend over the near to medium term.
* Investors may consider initiating long positions in the defined price zone.
Buy Indian Oil Corporation Ltd CMP 186.47 Range 185-187 SL 181 Target 196
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SEBI Registration number is INZ00017433
