IOC
IOCL: At important levelsIOCL
CMP 135.40
On charts the stock is at levels which has the potential to act as support.
The stock looks good to go long from risk:reward perspective.
At CMP and on further dips the stock can be looked for Target of 144/156
Stop loss if closing is below 128 /126
Take care and safe trading...!!!
Oil prices | Oil companies | contradictorycrude oil prices are heavily falling in past 3 - 4 weeks.
we can see good quarterly results in oil-based industries.
it will also affect petrochemicals prices.
so take a watch on companies which are in this sector, or having petrochemicals as a raw material.
oil price effect | can longoil price is dropping quickly.
oil companies stock prices will react positively....
BUY OICBUY IOC AT CMP 153
SL 150
IF IT BREAK IT WILL COME 141
150 BOTTOM LINE AND ALSO LOW VOLUME
TARGET 1: 168
TARGET 2: 180
My PredictiveAlgorithms Intraday call(12-Jun-18)-IOC-ShortBased on my "xRSI-FKS Explosion's" predictive trading methodologies, its going to be a RED candle on 12-Jun-2018 for IOC
Sell Below: 172.7 for targets -
T1: 171.4
T2: 170.6
T3: 169.8
SL: 174.1
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
IOC at support levels and EMA supportIOC is at support levels and 150 EMA support.
SL is breakdown of 150 EMA
IOC- believe or Not!!!IOC stock looking for huge downside from current market price almost 30-40% as per there is huge consolation and now finally breakdown that indicate target of 144 and 102 on chart there is selling 180 to 200.
IOC weekly chart studyIOC weekly chart study
IOC finding strong support between 366-385 zone but finding resistance at 50 wk EMA
Short IOC around 382-385 for trgt 360 stop loss 392NSE:IOC formed a nice bearish pinbar and closed below its 50EMA,200EMA and near term support
my target for IOC is 360 , will look to short tomorrow
Down channel , Expected channel breakoutIOC on a daily chart is following a down channel .lower lows are being formed. and lower highs. this is a false recovery probably upto 414 . oscillators and tech indicators are in favor . this can be cashed in. the last 5 candles are pretty strong. but if we see a channel break out that will be a big bonus.
There is resistance zone around 390. if the stock sees to hold that level and volumes pick up . we can see upmove.
