Indian Oil has given a breakout (though not very convincing due to lack of a big candle) at the resistance of 94~95 level. The short term target should be 98~100. The midterm target should be 104~105 and a long term target of 115 can be thought of for patient warriors. However, option chain analysis shows a huge no. of calls (big resistance for this month) at the...
Price in raising pattern. Expecting NIFTY PSE to get a push. fundamental- Q2 - good profit. IOC - in demand.
Either Breakout buy or breakout retest buy Buy above 97 SL 82 Target 117 & above
Will it successfully and decisively break it this time? Keep this on the radar. Like and follow. NSE:IOC
Double bottom formation in IOC giving a strong signal of possible breakout. If breakout happens it can give some good long position.
levels are on the chart. This is for my own trading purpose.
I will go LONG on IOC because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 74 Target - 96 Stop loss - 68
IOC ON MOVE KEEPING 90.7 AS STOP RUN THE RIDE FOR NEW HIGHS TILL 103.8 LEVEL disclaimer - for study purpose only.
Swing Trading opportunity ! 30min Chart Alert !!! --Buy above =92.30 --Target = 95.40 and even more --Stop-loss = 91.05 --Lot Size = 5700 --R:R = 1.84 --Expected Profit = 16,000 ₹ per lot ( 4.50% ) Technical Reasons to trade :- 🧢 1) ioc has formed ascsending triangle 2) Volume is good at the time of breakout 3) multitime frame is bullish 4) target is...
IOC is getting ready to touch the upper trendline....2-3 months
Multiple things to note on this chart. 1. The stock formed a good base at 71-72 levels. Tested twice and the levels acted as a good support. In the chart this is indicated by the black line drawn at support. 2. The stock then formed higher highs and higher lows indicating that the stock is in an uptrend. This happened for almost 6-7 weeks. 3. Now, historical...
IOC has seen a reversal in the last few days. Buy above 82.90 which is next resistance. NSE:IOC I am starting a new telegram channel. To join my telegram channel, leave a comment with "interested."
Stock is at strong support level , price is now at range and accumulation of share is must happening as volatility deceased RSI is continuously making Higher High Possible upside breakout will happen targets are mentioned i.e 83 lot size = 5700 check out the other ideas as well FOLLOW & LIKE & COMMENT