Indian Oil Corporation Long @ Rs. 88 Long term holding

IOC
Entry 88
Target 122
SL 78
Indian Oil Corporation is trading at demand zone which is strongly supported by monthly zone also.
Long in equity cash segment, buy and hold equity for long term duration of 6 Months.

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Hi , Q2 for this IOC is scheduled on 30 oct and results expected to be very good, in last term sales were down due to halt of traffic so aslaes and profit were very less, if already purchased you can buy more for better average if not the enter buy in fresh at CMP.