IOC Long trade setup for Weekly Income.
Logic: IOC was in continuous uptrend, with a some dip coming in a demand zone sits right on the prior pivot. The zone is strong on the 4 hrly.
Entry: 156.23
SL: 152.87
Target: 166.19.
Maintain strict stoploss.
## If the trade is taken in futures, consider taking Jan futures, to avoid tender period and roll overs, as the trade may take time to hit target.
#Maintain proper position size and risk. # Safer trades.
Logic: IOC was in continuous uptrend, with a some dip coming in a demand zone sits right on the prior pivot. The zone is strong on the 4 hrly.
Entry: 156.23
SL: 152.87
Target: 166.19.
Maintain strict stoploss.
## If the trade is taken in futures, consider taking Jan futures, to avoid tender period and roll overs, as the trade may take time to hit target.
#Maintain proper position size and risk. # Safer trades.
#Take proper position size
#Safe trading
#Safe trading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
#Take proper position size
#Safe trading
#Safe trading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.