IOC has announced a Dividend of Rs.7/- i.e 4% at the CMP 1. Price is reversing from 0.618 levels in the weekly timeframe 2. Strong support (7yrs) at 149-156 levels and also 50EMA line. Do your own research and risk management. Disclaimer: Holding position in company
- 3 Months Of consolidated - Ready to Break the Trendline - Can Expect the rally till ATH
IOC Rally - Base - Rally price action 1.First Rally, then forming Base (Consolidation) & then again expected Rally after break out of the line of least resistance. 2. Close above previous day High(172.6) 3. Close above last week High(173.7) 4. High increase in 1 month (+5.4%) 5. High increase in 3 month (+20.5%) 6. High increase in 6 month (+103.4%) 7....
I used Trend Break and Fibonacci retracement tools to discover IOC stock's recent uptrend are ready to break and find probable Resistance levels. wait for Breakout then enter Analysis: Starting Point: Mentioned on the chart Ending Point: Mentioned on the chart Disclaimer: This is for educational purposes only. Conduct your own research and consider your risk...
A Bullish Breakout of On Neck pattern and a Rounding Bottom is visible on the Daily chart of NSE:IOC MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: The information provided in this analysis is...
Stock has given a breakout of a Cup & Handle pattern. with neckline identified at the level of 194. The measured target for the patter is 208-210 zone.
Hey everyone , here is my new analysis on NSE:IOC It was in a downtrend since 3-4 years It gave breakout took support and bouncing from the support, we can look up to the target of 95-100 in the short term Disclaimer- Do your own research and trade at your own risk appetite. If you like our analysis and need more analysis with entry and exit, do mention it...
Indian Oil Corporation Limited is engaged in refining business. The Company's segments include Sale of Petroleum Products, Sale of Petrochemicals and Other businesses. TTM EPS: 17.36 TTM PE: 5.43 P/B: 1.00 Mkt Cap (Rs. Cr.): 133,022 Dividend Yield: 3.19 Sector PE: 30.01 Book Value Per Share: 94.73 Some Positives: Strong Momentum: Price above short, medium...
1. Multiple reasons to go long 2. Cup & handle pattern 3. Triangle pattern 4. Reward is handsome of about 25% or so 5. Double bottom reversal pattern with neckline breakout
Looks like IOC has taken a good support at 38.2% Fibo level and is making a double bottom there on weekly charts. Weekly RSI is still above 50, possibly giving a signal of the strength. Pattern also looks like a CUP & Handle or a rounding bottom breakout and then a pullback in form of falling wedge. Larger picture suggest a big rounding bottom under formation
Chart is self explanatory and detailed. 4th wave in progress should go to max 50% retracement line. As wave 2 was flat this could be zig zag correction.
📊 Details Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI that has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining &...
BUY - IOC CMP - Rs. 80 Target - 1: Rs. 93 Target - 2: Rs. 107 . . Technicals - 1) Cup and Handle Pattern 2) Targets set using Gann . . Comment: Maximum returns is 33% . . Follow me for more!
Big rise in oil space In Momentum Q1 RRG All aligned Power Up!
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Target : 3000 Long on reliance industries for medium term gains. Stocks can be bought for this price. 2800 first target.