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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
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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