IOC
IOC BUY TECHNICAL ANALYSISIOC BUY @ 158.70
BUY LIMIT 1 : 146.05
BUY LIMIT 2 :127.70
TARGET 1 : 175.15
TARGET 2 : 194.80
LONG TERM EXPECTED JULY - SEPTEMBER 2020 TARGET @ 230
IOC Gearing up for Huge UpMove ??????IOC Important Hurdle at 160.4 Weekly Close above this Stock will Rocket. Looking at Momentum it is likely possible this will happen. Buy once stock gives weekly close above 160.4 and Hold with Patience. Cheers!!!!!!
SHORT TERM || SELL || IOCOne may sell IOC on rise with SL of 157.6 and targets of 153.2/ 150.5 . A retracement on the downside may be on the cards.
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....
