Scrip Name: Indian Oil Corporation Setup : (Weekly Breakout Strategy) Entry - 115- 118 Stoploss - 100 (In case it reaches this price levels due to market correction, additional positions can be added). Target 1 - 130 Target - 2 - 140 Target 3 - 150 Time Period - 3 Months
The Stock is also providing a good Dividend Yield.
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Target 1 Achieved - 130 Trailing Stoploss moved up to - 115 Trading Active
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Trailing Stoploss Moved up to 120
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IOC has declared a Dividend of 5/- rupees and Record date is 12 November & Interim Dividend Payment date is on or Before 29th November.