IOC
IOC targets for short termWhen IOC breakout above 104.50 and sustain this level
then the following targets on the chart will be successfully achieved in few sessions
support around 99.50
add more on dips
and hold it for good returns..!
IOC- Watch for two years of trendline breakout.IOC may break the trendline which is acting as a resistance for 2 years.
T1: 110
T2: 116
Note: This is for educational purpose only
IOC Forming Bullish uptrendIOC on hourly charts shows an uptrend tested 3 times. If breaks 96 one could look out for potential positions.
Similarly if breaks 92 a similar downlook can be expected.
SHORT IOCI see Bearish Engulfing candlestick pattern on daily chart right at the supply zone ... hopping for a reversal from hear if it break the mention levels ...
IOC - Tuesday TradeIndian Oil is about to break its Trend lime coming from 2020. If sustains above trendline good for swing trade
IOC - Swing BuyPrice took support at trendline and RSI made hidden divergence and trading above 40 levels.
Disc: Not a trading recommendation. Educational purpose only.
IOC - Short - Cup & HandleIOC has formed a nice inverted cup & handle formation in 15m TF.
Trade b/w the channel or watch out for breakout. Possible short with TP 96.50
PS. For educational purpose only!
IOCThe company is moving from a high debt commodity single product manufacturer to a debt free diversified business. Business transformations take a while and stock has re rate from a PE of 3 to mid teens in a few months. It’s a slow process, you should not expect the stock to keep climbing like it has. That’s not normal
Entry After Breakout and then Again re-enter at Retest Breakout 96 - 97
Stop Loss 90 on Day close basis
Target 120 and 150
IOC is looking goodIOC is looking good to buy.
Can go up or down. But I think it will go up. Buy only if above 97/-
T1:120/-
T2:150/-
SL:80/-
NSE:IOC ian
IOC "HEAD & SHOULDER" OBSERVEDDaily Close Above 97.5, Buy It
If Weekly Close Above 97.5, Hold It Tight
SL - 89.9 (DCB), Target - 122/130
IOC - Ascending broadening wedge pattern at monthly time frameINDIAN OIL CORP (IOC) - Ascending broadening wedge pattern formation at monthly time frame - Long
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
