I am bullish on IOC as are others on tradingview. However, I always like to do my own analysis. In this case I have set 3 targets for IOC which has some great news coming up. Even during the dip (in which we are floating as far as I am concerned) this one held strong. You can see the uptrend continuing and I have set the targets based on 3 fib levels. I will just let this one ride out and continue to follow it.
Period: mid/long (+/- 3 months)
Buy: 4800 - 5300
Sell targets:
71049 (145%)
103683 (210%)
137754 (278%)
I will probably leave about 20-25 % of my bag in place for further uptrend and may rebuy if it dips again because the uptrend is strong on this one.
Happy trading!