Get started

IOC

IOC: Chart set up, Result, Dividend and important levelsIOC Last time when the stock was at 117, we had given a Buy for IOC with target of 126 / 132 The stock retraced exactly from 126 odd levels and is now taking support at 50 day EMA sub 120 odd levels The stock is showing signs of strength and may be poised for it's 2nd target of 132 and could possibly even test the highs of 141 in medium term Above 142, Doors would open up further for target of 166 / 172 in Longer term 200 day EMA support is at 114 odd levels Note: Result is on Jan 31, 2022 and there is a possibility of Dividend announcement. Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:IOCLong
by indiamarketoutlook
⛽ Indian Oil Corporation LTD Swing Opportunity 🎯NSE:IOC 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 As One can see, This Pattern has Been Made on Weekly Time Frame, that's why stop loss quite big as per this time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis. (PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame) PRZ 1 :- 106.25 SL :- 101.90 (Closing Basis) Target 1:- 110 Target 2:- 113 Target 3:- 116 and more Trailing basis Note:- As Per this harmonic pattern, stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, ask doubts in comments below. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:IOCLong
by linesandlevels
#MARALOVER MARALOVERMaral Overseas Ltd. #MARALOVER NSE:MARALOVER NSE:MARALOVER CMP: 87.35 Target: 125 SL: 75 RR Ratio > 3 Time Frame < 6 Months Almost 45% return expected. Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:MARALOVERLong
by Rachit_Sethia
IOC: Chart set up IOC Observations - the zone of 103-106 has acted as resistance multiple times between Jan 2021 to May 2021 - reversal of role was seen in May 2021 where previous resistance was seen acting as support - at current levels the stock is back at the important levels - medium term up trend support (green line) is around 96 currently Strategy: Consider buying in 2 tranches - at current levels and have provisions to accumulate further if we see dips towards green line and that is being held Target for the current set up 136 / 158 Time frame: Medium term to long term Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:IOCLong
by indiamarketoutlook
3