IOC @ Resistance level Buy above 73.20 Go for long once 74 crossed. Now IOC recovery from low. Taking reversal Next target 74.50, 75.50,77.85 Thank you
following dow theory . trading at long time support trendline consider for long term view
IOC chart in a Pullback wave. And it’s Conditional trade it can go to any direction from here. For Now i am taking it as a Upside Impulse and made a Buying level and their Targets that can see on the Chart. Always wait for Confirmation by Price close.
IOC done its correction Now Ready for big move It can breakout its old 52Week high Trail your SL Below This Green Candle After Price Cross 130+
IOCL (Weekly): 1. On Trendline Support 2. Forming a Symmetrical Triangle 3. Can go Long only after Breakout IOCL (Daily): 1. Penant within a Symmetrical triangle is formed 2. Last candle closed below 5, 13 Days Exponential Moving Average Addl Points: 1. FII/FPI have increased holdings from 7.21% to 7.94% in Dec 2021 qtr. 2. Mutual Funds have decreased...
Indian Oil Corporation Ltd - 11.02.2022 The stock is trading @ 122 levels There is a HAMMER in Weekly Charts There is a ENGULFING BULL in Daily Charts There is a DOJI in Hourly Charts RSI is 53 in Weekly Charts The prices are at EMA Let the prices go above 124.60; one can initiate a BUY position with Support @ 117.15 Watch out for the price action
Indian Oil Corp. Ltd is India's flagship national oil company and downstream petroleum major. CMP: 123.30 Target: 132-135+ Now on near support 121.30 it may retraced as per cup and handle strategy. and go for up to 132 to 135 . also given day breakout on neckline. Right time to buy. Feel free to share your feedback and queries. If you want to know about your...
IOC NSE:IOC Cmp - 111 Stop - Nil, Add more on relevant dips Expectation - T1 -128 T2 - 140, Review at 140 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 Technicals - ✅, right Fundamentals - ✅, will follow price View:- Swing/Investment Disclaimer:- Ideas being shared only for educational purpose Please do your own research or...
IOC BULLISH Disclaimer: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss...
As 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...
Intraday Positions at trend Channel Momentum and Trend in the Positive
All Petroleum Stocks have corrected decent. Time for Fresh Upmove. IOC- Buy - 102-107 Sl -100 Target -113 118 123
This zone was resistance where the price was not able to break it at several instances. However, once the price broke and created a new high the stock is retracing to the same resistance zone which can now act as a SUPPORT. Watch out for IOCL tomorrow.
IOC Overview - Priceaction Analysis - Breakout & Retest ( Resistance become Support )
its a double top pattern with Support and resistance in uptrend
IOC may likely double or even triple from current levels. SL below 70