IOC showing trend line breakout on chart and the price action also showing very short term view.. LTP : 83.55 TG : 90 SL : today's low
D TF - Head and shoulders pattern on a falling neckline Ichimoku cloud - Bear RMO -bear RSI - bearish Once price breaks down - It will likely to take resistance at 58-55 - half of the height of the head Unlike to reach 46 area. At 55, dividend yield will become around 18%, which makes it lucrative for 5-6 yrs holding period.
IOC done its correction Now Ready for big move It can breakout its old 52Week high Trail your SL Below This Green Candle After Price Cross 130+
Indian oil chart analysis in day time frame. Kindly use it for your trade
Indian Oil Corporation Ltd - 11.02.2022 The stock is trading @ 122 levels There is a HAMMER in Weekly Charts There is a ENGULFING BULL in Daily Charts There is a DOJI in Hourly Charts RSI is 53 in Weekly Charts The prices are at EMA Let the prices go above 124.60; one can initiate a BUY position with Support @ 117.15 Watch out for the price action
IOC NSE:IOC Cmp - 111 Stop - Nil, Add more on relevant dips Expectation - T1 -128 T2 - 140, Review at 140 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 Technicals - ✅, right Fundamentals - ✅, will follow price View:- Swing/Investment Disclaimer:- Ideas being shared only for educational purpose Please do your own research or...
NSE:IOC 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 As One can see, This Pattern...
Broke out on weekly chart Support at 105 RSI at levels of 66 Hold for targets - 133, 172
As we mark some trendlines and used some random indicators and in the end we have got the result that it may b give a breakout in bearish side. if it breaks the trend line in bearish side the 1st price target will be 117.60 and 2nd price target will be 117. if the trend breakout moves in bullish side then the 1st price target will be 119.55. but the important...
What I see in IOC Would love to share my views with you all : _ I see that the price was getting rejected from the same trendline on weekly basis for quite a while now and recently broken with 4 bullish green candles on W charts _ I see that the zone of 102 to 106 is a strong supply-demand conversion zone, which means it can sometimes work as demand and...
Breakout of long term Resistance trendline. With Good Volume amount. Good to Buy on my POV for Tgt of ₹ 120. On 1 Hour Time frame already have 50-200 moving average crossover and good support on daily time frame also.
Daily MACD Cut may come on upcoming days and weekly indicators are positive. In Weekly Ichimoku chart, Price took support on conversion line and Conversion line above the base line. Lagging span above the day close. Once it coming out of the cloud, price may zoom up further. Weekly MACD crossover may happen on upcoming months. These parameters may help to reach...
Price is about to enter in buying range supported by EMA 20 on weekly and monthly time frame
IOC may likely double or even triple from current levels. SL below 70
Buy ioc Pros: petrol price hike. COVID case decrease. Lockdown restrictions loosen. High dividend stock. Your money will be safe at Govt owned Company. Good to go.
Name - #IOC CMP - 114 SL - 99 Target - 130/150/200 Time Frame - 6 - 12 Months Technical Triggers - 1) Stock has just broken out from a multi year downtrend on high volumes 2) Stock is taking support at the 200 EMA 3) Stock is in the proccess of making a multi year rounded bottom This is a slow compounding stock and expect slow moves in this one
Key Highlights: 1. Bullish market structure - HH, HL 2. Volume expansion 3. Coming out of the accumulation 4. Approaching major resistance zone 115-122 5. Positions can be added between 100-115 6. Close above 122 will trigger a rally to 160 7. Target: 155, 186, 228. Stop Loss: 85 8. Time frame: 15-18 months You are always advised to use an appropriate...