IOC
IOC longWe can see huge upside in the coming days if this line breaks, that what my prediction says. Its been ranging at this range for a long time. If breaks, we can see a 52 week high, just hope that bull market doesn't end.
IOC LONGLooks very bullish it broke a weekly trendline also consolidate after then now broke a daily resistance , good for positional trade
IOCL Weekly ChartIOCL WEEKLY CHART
looks steady n slow rising, with R/R of 1:1 target of 127 can be seen, also this is high dividend paying company can be kept in protfolio for healthy dividend of Rs. 12 per share giving dividend yield of 11%. Views are welcome on this.
IOCIOC has a breakout form the pattern .It is good to short now the target is kind of good and the stoploss is also not bad. So take a short position in IOC to make handsome profit and don't forget to place the stoploss.
IOCAs nifty energy is at support one can see a similar pattern in IOC too and right now it's in consolidation too. Risk reward is very favourable with a stop loss of 102 on a closing basis.
IOC - Ready For 20%All Petroleum Stocks have corrected decent. Time for Fresh Upmove.
IOC- Buy - 102-107
Sl -100
Target -113 118 123
IOC - BullishRetracement from Fib Level 0.5
Previous Resistance acting as a support
Good volume back on
Triangle Pattern breakout
MacD turning bullish
Stay long till it holds 102
Tgts 117/124
LONG INDIAN OIL CORPMy point of view is to buy NSE:IOC
Its an opportunity one can look for.
Please look to the chart for detail analysis.
IOC LONGBuy ioc for short term target 118, mid term 131.
Good time to invest for long term target 178.
Short Opportunity - IOCIOC have had breakdown on 1 hour time frame and has the possibility to reach the demand zone of the channel pattern which it has been trading on a longer timeline.
Stop loss can be the previous swing high, with an interesting risk reward ration
IOC Swing Long IOC has retraced 50% and at resistance became support level. Can long on reversal near 100-105 for 120-130-140 with SL 90.
IOC LEVELS FOR THIS WEEK | ASCENDING TRIANGLE BREAKOUTBASED ON THE THEORY IOCL WILL RE TEST ITS ALL TIME HIGH ONCE AGAIN
Indian Oil Corp - Swing TradeBreakout of long term Resistance trendline. With Good Volume amount.
Good to Buy on my POV for Tgt of ₹ 120.
On 1 Hour Time frame already have 50-200 moving average crossover and good support on daily time frame also.
