Indian Oil Corp Breakout

The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 1.5:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Chart PatternsenergysectorindianoilTechnical IndicatorslargecapNIFTYTrend Analysis

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