Indian Oil Corporation Limited (

) Technical Clean breakout above ₹165 with strong candle. Range breakout after long consolidation. Momentum candle suggests fresh leg up. Levels Support: ₹165 / ₹155 Resistance: ₹175 / ₹188 Fundamentals OMC margins improving with stable crude. Strong dividend yield. Beneficiary of refining + marketing spreads. Verdict: Range breakout. Strength above ₹165 opens ₹185 zone