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Ioclong

Indian Oil Corporation Ltd - Breakout OpportunityDate : 30-Jul-2024 LTP : Rs. 182.95 Next Resistances: (1) Rs. 196 --> (2) Rs. 227 --> (3) Rs. 276 SL : Rs. 160 on daily close basis Technical View: • NSE:IOC is in it's primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 196.8 on 8-Feb-2024, it has retraced 25% to 147.80 level. • On 25-Jul-2024, NSE:IOC has broke out from its secondary down trend with higher than average volume. • NSE:IOC is trading above 21 DEMA, 20 DMA and 50 DMA. • RSI is trading in buy zone at 67.35. • MACD is trading at 2.74. • Looking good to start a new swing from here. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
NSE:IOCLong
by vicky252
1
Medium term trading opportunity in IOC for huge upsideHi, NSE:IOC has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:IOCLong
by raigvivek
6
Bullish Breakout of On-Neck Pattern in F&O Stock on WTFA Bullish Breakout of On Neck pattern and a Rounding Bottom is visible on the Daily chart of NSE:IOC MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
NSE:BANKBARODALong
by raigvivek
IOC looking bullish (08/05/23).IOC on the weekly time frame seems to be at a prefect place for buying. The stock has given a break out of the parallel channel and is holding on the upper levels. A nice bullish moving average crossover is there on the weekly charts, which indicates the bullishness the stock can show in coming weeks. Stock holded the 20 ema after the break out of the moving average and gave a nice movement after a consolidation. Buying opportunity will come on the lower levels, as it may test the parallel channel and start new bullish leg. 3 point confirmation. 1. Bullish moving average crossover (weekly). 2. Parallel channel break out and a retest. 3. Trading above both the EMAs (daily). Support :- 81 Resistance :- 84, 93 Let the stock retest a support levels or forms a price action after the break out of 84 levels. The support level is in confluence with the fibonnaci levels. Wait for the price action near the levels before entering the trade. Stock can be bought near the levels and for swing trades F&O can also be traded.
NSE:IOC
by TheMamboMomentum
Indian Oil Corp. Trend AnalysisAs we mark some trendlines and used some random indicators and in the end we have got the result that it may b give a breakout in bearish side. if it breaks the trend line in bearish side the 1st price target will be 117.60 and 2nd price target will be 117. if the trend breakout moves in bullish side then the 1st price target will be 119.55. but the important part is you have to wait until it breaks the trend line pattern in bullish or bearish side. first you have to confirm the trend and then enter in the trade... i hope my judgement is true as i am not a professional trader i am a new bee trader... if am wrong then please let me know.... hope for the best..... Thanks in Advance....
NSE:IOCLong
by cutter2711