2025-05-05 12:12:01 pm | Source: Motilal Oswal Wealth Management
Technical Trading Idea : Indian Oil Corporation Ltd For Target Rs. 153 By Motilal Oswal Wealth Management
Indian Oil Corporation
Buy Indian Oil Corporation Ltd CMP 143 SL 138 Target 153 Duration Weekly
* Range breakout on the daily chart.
* Strong bodied bullish candle.
* Close above 200 DEMA.
* Surge in traded volumes.
* RSI momentum indicator rising.
* We recommend to buy the stock at CMP ?143 with a SL of ?138 and a TGT of ?153
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