Monday, April 10, 2017

STOCK FUTURE TRADING TIP FOR 11 APRIL

buy ioc above 409 tgt 415/420 sl 400

Primary trend of the ioc is bullish and after giving breakout of its MONTHLY resistance level, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 413 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 73, one may expect the targets of 415/420 in the stock if it manages to sustain above the immediate support level of 400.first resistance level seen on charts at 415.

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