IOC
IOC Share Price Trend AnalysisMay 07, 2021
Today on 1HR Chart Time frame IOC given 2 breakouts with Good Vol of 9.57 Million.
First Breakout is of Trend which was maintained by IOC since April 2021. A resistance has been breakout along with a support which was braked by IOC Share in March 2021. Now this support worked as resistance since last two months which IOC was trying to break. Today it was also broke & closing is on above the resistance Level.
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IOC - Trend line breakoutPrice rejecting from the trend line consecutively from the top and now in the lower time frame a triangle pattern was formed and it is ready to break bother the trend line and the triangle. . .
Todays limit reached - I cant post anymore chart till tomorrow.
Almost all the stocks are at the edge of breakout after forming a pattern, second wave in India has nothing to do with market. So if you trying to short the market have a cover !!!
IOCNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
IOC analysis for short term💥all studies explained in the chart
forming ascending triangle
also 3 year of downtrend channel,making lower low's and lower high's.
102-105 acting as a major resistance.
there is chance to touch once again the trendline support then can a breakout.
study guys🙏🙏
like🔹comment🔹support🥰
#ABAN FLAG RETEST #BREAKOUT #STOCKMARKET #R:R>3 #IT #TECH #NIFTY#ABAN
NSE:ABAN
CMP: 31.30
Target: 50++
Stop Loss: 26
Time Frame: less than 2 months.
Might hold above 50.
Factors:
Rising Volume with rising Prices.
Channel Median breakout.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher High & Higher Low.
Broken above resistance.
Trading at support.
Fundamentals are strong.
Risk Return Ratio is healthy.
And
Bullish Wedge Formed.
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With 💚 from Rachit Sethia
AFTER CONTINIOUS FALL FROM 2017 IOC MAKING HIGHER HIGHS 1ST TIMEAFTER THE CONTINIOUS FALL FROM 2017 IOC MAKING HIGHER HIGHS AND HIGHER LOWS FOR THE FIRST TIME IN DAILY AND WEEKLY TIME FRAME CMP 95 TARGET 105 IF BREAKS 105 THEN GOOD FOR LONG TERM INVESTORS .IF BREAKS TRENDLINE ON THE DOWNSIDE THEN BEARISH. PLEASE LET ME KNOW HOW GOOD IS THE ANALYSIS IN COMMENT SECTION.
IOC stock to take long entryIOC stock is forming W pattern which is the sign of bullishness.currently stock is trading in the zone or box. Buy only once the stock has broken the resistance level. Good buy above 105 for the target price of 115 -120 with the small SL of 98. This is for pure educational ideas.
#SUPPETRO #OIL #BANKNIFTY #NIFTY #TRADING #COVID19 #RELIANCE #IT#SUPPETRO
CMP: 459.25
Target: 577++
NSE:SUPPETRO
Can hold after the target!
Strongly bullish.
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Might blast to more than 577++
Super Bullish on this stock.
From Rachit Sethia with 💚
IOC | Long Term Trendline Breakout with Volume 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕
--Buy above =102.60 or CMP
--Target = 116.80 | 143.40
--Stop-loss = 84.80
--R:R =2.76
--Expected Profit = 39%
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Long term Trendline Break with volume
2) Long Term Resistance Breakout with volume
3) Volume is perfect
4) Stock has given the Triple Bottom Breakout
5) Fundamentals will support the stocks as well
6) Target is based on pattern height & S&R zone basis
Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
Indian Oil - Triple Top Breakdown ??Indian Oil Corporation has formed triple top and now tested the support zone thrice in last 4 months.
If stock breaks 90 then aim for targets of 88.25, 87.50 & 84.50 next week
On the other hand if stock bounces from support and breaks 92.50 then aim 94.70, 96.70 and 97.50 in next wekk
P.S. --- This stock is not good for Intraday so consider only swing
SHORT Opportunities in HEROMOTO, IOC, KOTAKBANK,VIP, PVRThe key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.