IOC done its correction Now Ready for big move It can breakout its old 52Week high Trail your SL Below This Green Candle After Price Cross 130+
IOCL (Weekly): 1. On Trendline Support 2. Forming a Symmetrical Triangle 3. Can go Long only after Breakout IOCL (Daily): 1. Penant within a Symmetrical triangle is formed 2. Last candle closed below 5, 13 Days Exponential Moving Average Addl Points: 1. FII/FPI have increased holdings from 7.21% to 7.94% in Dec 2021 qtr. 2. Mutual Funds have decreased...
Indian oil chart analysis in day time frame. Kindly use it for your trade
Indian Oil Corporation Ltd - 11.02.2022 The stock is trading @ 122 levels There is a HAMMER in Weekly Charts There is a ENGULFING BULL in Daily Charts There is a DOJI in Hourly Charts RSI is 53 in Weekly Charts The prices are at EMA Let the prices go above 124.60; one can initiate a BUY position with Support @ 117.15 Watch out for the price action
Hi So here we are again so we will again long Indian Oil Corporation with amazing Risk Reward Ratio. And It will also provide dividend of Rs.4 with Ex date of 9th Febuary. So I will recommend buying or if you already bought it then please don't sell it. Thanks and make sure to follow and like the post. Bye
IOC broke the resistance and now making a support of the blue trend line. Bullish View.
IOC 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,...
Indian Oil Corp. Ltd is India's flagship national oil company and downstream petroleum major. CMP: 123.30 Target: 132-135+ Now on near support 121.30 it may retraced as per cup and handle strategy. and go for up to 132 to 135 . also given day breakout on neckline. Right time to buy. Feel free to share your feedback and queries. If you want to know about your...
NSE:IOC is at very major resistance zone of a trendline which it had broken on 15 Dec, 2021. now it feels like it is taking a retest from here for a big downtrend continuation. if retest will pass then we can see a major downtrend or it will greak the record high if this trendline is broken on retest failure. Currently my views are bullish for it. will Go long...
The IOC is forming a channel and presently trading at its lower support. I has given a good breakout of the trendline and now it is ready to give us a good move upto it's resistance and it may go above too
IOC NSE:IOC Cmp - 111 Stop - Nil, Add more on relevant dips Expectation - T1 -128 T2 - 140, Review at 140 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 Technicals - ✅, right Fundamentals - ✅, will follow price View:- Swing/Investment Disclaimer:- Ideas being shared only for educational purpose Please do your own research or...
hey guys. IOC most probably can show a reversal from this important level still we will wait for the breakout of the trendline and the marked levels for confirmation . Targets are marked. IN breakdown scenario we can see 99.5 level.
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...
IOC looks good on chart. One can go long after a range breakout.
NSE:COALINDIA #NSE:COALINDIA bouncing from support, Post confirmation may try 150CE By any chance market swing reverses, may try the same PE only post confirmation !!
Maral 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...
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...
Scrip Name: Indian Oil Corporation Setup : (Weekly Breakout Strategy) Entry - 115- 118 Stoploss - 100 (In case it reaches this price levels due to market correction, additional positions can be added). Target 1 - 130 Target - 2 - 140 Target 3 - 150 Time Period - 3 Months The Stock is also providing a good Dividend Yield.