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
Key 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...
Here 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...
Buy IOC At Cmp 105.7 Strict SL - 99.9 Target - 126
Buy IOC In Future Closing Price - 94.85 SL - 91.7 Target - 100 Lot Size - 6500 Shares Risk - 20475 Gain - 33475
Check the levels marked in the chart.
IOC giving a breakout.
Daily Close Above 97.5, Buy It If Weekly Close Above 97.5, Hold It Tight SL - 89.9 (DCB), Target - 122/130
Please do your own analysis before trading or investing.