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...
Here is the detail analysis of ONGC . Its a buy candidate . Stock is ready for uptrend after the multi year resistance has been taken our. We are just using ripple to enter early. Buy - Above 124 SL- 110 Target - 138 150 160 175 Duration- 6 months and above But Swing Traders can take advantage by catching the early targets mentioned. Note:- I am not SEBI...
As the chart shows, Indian Oil Corporation has given a BREAKOUT from a 3 year old resistance. (OPEN THE CHART FOR DETAILED VIEW) LEVELS: Entry: CMP (111-112) Target 1: 127.50 Target 2: 144.50 Target 3: 155.50 STOP LOSS: 102 TRAIL STOP LOSS VOLUMES ARE TOO GOOD!! Risk-Reward Ratio favorable I would recommend a long swing trade. FOLLOW IF YOU LIKE THE...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IF IT BREAKS PREV DAY HIGH HUGE PROFIT WAITS IN BULLISH MOVE. IOC TENDS TO GO SIDEWAYS
As you can see in the chart, the stock price is currently at a weekly resistance (higher time frame resistances/supports are found to be very strong). I would expect a 50% pull down of the 4.94% rise up today that is to the white box marked in the chart around 107.8 region. Also to support my analysis the rsi indicator is way overbought(above the 70 line) on all...
Buy IOC At Cmp 105.7 Strict SL - 99.9 Target - 126
IOC has given a long term Triangle breakout with HEAVY BUYING VOLUME. Good opportunity to invest for Medium to Long term. LTP: Rs 102 Target: 155/170/230 in 6-12 months SL: Rs 90
Buy IOC In Future Closing Price - 94.85 SL - 91.7 Target - 100 Lot Size - 6500 Shares Risk - 20475 Gain - 33475
BUY IOC with Stop-loss of 86 in cash. All targets are mentioned on chart. Volume seems to be bullish.
Indian Oil Corporation has formed triple top and now tested the support zone thrice in last 4 months. If stock breaks 90 then aim for targets of 88.25, 87.50 & 84.50 next week On the other hand if stock bounces from support and breaks 92.50 then aim 94.70, 96.70 and 97.50 in next wekk P.S. --- This stock is not good for Intraday so consider only swing