IOC
IOC: Short term & Mid term view- BullishDaily MACD Cut may come on upcoming days and weekly indicators are positive. In Weekly Ichimoku chart, Price took support on conversion line and Conversion line above the base line. Lagging span above the day close. Once it coming out of the cloud, price may zoom up further. Weekly MACD crossover may happen on upcoming months. These parameters may help to reach the targets.
Vijayaraghavan.K,
Kovilpatti, Tuticorin dist.
BUY BHEL TARGET 80Buy bhel for a target 80 short term.
Stock under consolidation. Expect breakout soon.
Those who have must hold on.
IOC double bottom on dailyIOC NSE:IOC
double bottom on daily chart and above 50 EMA
Entry 107.95
SL 104.85
Target 112.2
Buying opportunity in IOCPrice is about to enter in buying range supported by EMA 20 on weekly and monthly time frame
quick short sell iocHello guys i had find this setup in 4h timeframe which is made resistance at upper trendline and also broken trendline and structure we have a good opportunity to short with above sl at resistance and below support tg and plzz before taking any trading decision plzz do your own analysis if you like my analysis plzz like share and follow thank you
BUY IOC TARGET 124Crucial point for ioc share.
15 days time a big move to be expected.
Stock under consolidation.
Sellers decline at last trading day.
Now time for bullish move.
BUY IOC TARGET 124 SHORT TERMBuy ioc
Pros: petrol price hike. COVID case decrease. Lockdown restrictions loosen.
High dividend stock.
Your money will be safe at Govt owned Company.
Good to go.
#TIRUMALCHM CMP145.35 #Target 214 #MANGCHEFER #FCL #SUDARSCHEMWEEKLY CHART
#TIRUMALCHM
NSE: TIRUMALCHM
Long Term Investment
CMP 145.35
Target : 214.80 (~45%)
SL : 111
Timeframe < 90 Days
Can hold for longer time might reach 400s
Factors:
Rounding Bottom Pattern
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
IOC - Cup and handle pattern1. IOC has formed cup and handle pattern in weekly TF
2. Increase in volume activity since June 2020'
3. Other PSU peers have shown similar increase in volume and price
Levels are mentioned in the chart.
To motivate, give a like and show your support. Thank You!
Please stay safe. Happy Trading!
IOC LongName - #IOC
CMP - 114
SL - 99
Target - 130/150/200
Time Frame - 6 - 12 Months
Technical Triggers -
1) Stock has just broken out from a multi year downtrend on high volumes
2) Stock is taking support at the 200 EMA
3) Stock is in the proccess of making a multi year rounded bottom
This is a slow compounding stock and expect slow moves in this one
#PETRONET CMP247 #Target 271(10%) #ioc #ongc #tidewater #bpcl #PETRONET
NSE: PETRONET
CMP 247
Target : 271
SL 238
Time Frame < 2 months
Can hold the stock for longer time after part booking.
Factors:
Trend Following
Inverted Head & Shoulder Pattern.
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.
PEER COMPARISONS:
NSE: ONGC
NSE: TIDEWATER
NSE: IOC
NSE: OIL
NSE: HINDPETRO
NSE: BPCL
NSE: PETRONET
NSE: SUPPETRO
NSE: CHENNPETRO
NSE: RELIANCE
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
IOC - Positional idea | Potential 100% gainKey Highlights:
1. Bullish market structure - HH, HL
2. Volume expansion
3. Coming out of the accumulation
4. Approaching major resistance zone 115-122
5. Positions can be added between 100-115
6. Close above 122 will trigger a rally to 160
7. Target: 155, 186, 228. Stop Loss: 85
8. Time frame: 15-18 months
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
IOC Multiyear Breakout!Indian Oil Corp. gave a breakout on Monthly chart and may head towards 140-150 levels in some weeks.
Reasons to take trade
---------------------------
1. Recent results beat estimates and net profit rose 104%
2. Breakout in trendline with huge volume on monthly chart.
3. MACD crossed Signal showing a trend reversal.
4. Crossed 20 MA & 200 MA on Monthly charts and is just below 100 MA
My opinion is we should accumulate in the stock till it crosses 100 MA on 1M chart and then buy with full potential by maintaining a stoploss according to the risk taking ability.
ONGC Ready For 40% - Multi Year BrekoutHere is the detail analysis of ONGC . Its a buy candidate . Stock is ready for uptrend after the multi year resistance has been taken our. We are just using ripple to enter early.
Buy - Above 124
SL- 110
Target - 138 150 160 175
Duration- 6 months and above
But Swing Traders can take advantage by catching the early targets mentioned.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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Also check the below related ideas for other stocks.
#ONGC #TIDEWATER #OIL #IOC #HINDPETRO #BPCL #DIESEL #PETROL #IT#ONGC
NSE: ONGC
CMP 117.60
Target 130+
Time frame < 2 months
Factors:
Petroleum sector booming
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
Fundamental are strong.
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming
The stock has potential to go beyond 130 in longer time.
PEER COMPARISONS:
NSE: ONGC
NSE: TIDEWATER
NSE: IOC
NSE: OIL
NSE: HINDPETRO
NSE: BPCL
NSE: PETRONET
NSE: SUPPETRO
NSE: CHENNPETRO
NSE: RELIANCE
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
2 or 3 days and will have a perfect chance to go long.According to the MACD, it seems like a slight chance of a bearish situation in this week only and then bullish moment will show-up.
