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
hello guys! I had bought this at 74.00 accordingly to my analysis. just sharing my analysis for your help :) fundamental results are good for this stock. In shorter timeframe,the stock has formed a descending triangle and had breakout after it. For confirm uptrend,you can buy at 77.40. ----------------------all the other details are given in the...
I hope you can now see how IOC represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be assumed...
Buy IOC on an dip to 76.5-76.8 Strict sl of 74.5 (Day Closing Basis) Target - 81/83/86
OBV is increasing, and there is a good bounce and now at the verge of Breakout of a good resistance. Can go Positional Long First Target - 85
will go LONG on IOC because: 1) The price is forming a Chanel or Rectangle Pattern . 2) The price also broke the trend line . 3) The price is also under Support/Resistance zone. 4) It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) . 5) Target would be the Resistance area . Book profit when it reaches...
First target is upper trendline, second target is EPA line
Indian Oil Corp. To break before 74. It has a strong support at 74.40 and if it breaks, it would have successfully broken the support after multiple tries. Sell below 74. Target at 70. Stop loss at 76. NSE:IOC