Indian oil corporation looking weak on charts rsi is also giving negative signals
IOC chart in a Pullback wave. And it’s Conditional trade it can go to any direction from here. For Now i am taking it as a Upside Impulse and made a Buying level and their Targets that can see on the Chart. Always wait for Confirmation by Price close.
Indian oil chart analysis in day time frame. Kindly use it for your trade
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...
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...
IOC may likely double or even triple from current levels. SL below 70
Buy IOC At Cmp 105.7 Strict SL - 99.9 Target - 126
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.
Daily Close Above 97.5, Buy It If Weekly Close Above 97.5, Hold It Tight SL - 89.9 (DCB), Target - 122/130