IOC - 1M - FUTURE : As long it stays below 461.00, go short with stoploss 474.15. Set profit target 444.25, 438.45, 428.50 and 423.50. But, if it goes above 461 and stays there sometime with upward bias, then go long with stoploss 434.85 and set profit target 471.75, 492.50, 498.75 and 507.45.
