Buy IOC for the target prices of Rs 275/277.50/Higher with a stop loss of Rs 267.5: ICICIDirect

Last Updated: Mon, Dec 31, 2012 04:19 hrs

We said, "New a/c can begin on a positive note if Index holds around 19275-300 levels." Index held it initial lows at 19346, and recovered later to end 121 pts or 0.6% higher. Recovery was powered by Oil&Gas Index which surged 2.3%. Other sectors also ended flat to positive, and A/D ratio turned positive to end at 2:1.​


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