IOC last move???It may be the last move before a big correction, expected to complete in short period. Keeping the SL tight is the trick to trade last moves. Trade with proper risk management. Good Luck. Market might gap up next day though.
27.60INR
97.921BINR
8.303TINR
3.765B
About INDIAN OIL CORPORATION LTD.
Sector
Industry
Headquarters
New Delhi
Website
Employees (FY)
31.095K
Founded
1959
ISIN
INE242A01010
Indian Oil Corp. Ltd. is a holding company, which engages in refining, pipeline transportation, and marketing of petroleum products. It also explores and produces crude oil and gas; and markets natural gas and petrochemicals. It operates through the following business segments: Petroleum Products, Petro-Chemicals, and Other Businesses. The Other Businesses segment covers the sale of gas, explosives, and cryogenics; wins mill and solar power generation; and oil and gas exploration activities. The company was founded on June 30, 1959 and is headquartered in New Delhi, India.
#IOC Looks like IOC has taken a good support at 38.2% Fibo level and is making a double bottom there on weekly charts.
Weekly RSI is still above 50, possibly giving a signal of the strength.
Pattern also looks like a CUP & Handle or a rounding bottom breakout and then a pullback in form of falling wedg
IOC LONG Looking Bullish gave cup and handle breakout in weekly time frame .One can go for long for the target of T1-109 & T2-120 with SL 70 .
Multimonths Resistance zone breakout and pullback pattern in IOCHello Mates,
Guy's We have seen Neat & Clean Multi months Resistance zone breakout and Pull back pattern in IOC. On friday session it has given closing at 94 with the +2.51% of successfully upside, this is proper signal that this has respected the levels of breakout and now it is ready to fly in blu
IOC breakout after consolidation around 100 zoneIOC healthy consolidation breakout target ATH with 98 Stop loss
Resistance Breakout - IOCPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please n
IOC: 3 years high breakout with cup and handle patternWhy to choose: aim for long term
1. 3 years high breakout,
2. Cup and handle pattern,
3. Very good Volume
4. Stock is at 0.88 times its book value
5. maintaining a healthy dividend payout of 46.4%
Thanks for date Rider Telugu and other Masters.
This is only for educational purpose please
IOC - Add to WatchlistIndian Oil Corporation Limited is engaged in refining business. The Company's segments include Sale of Petroleum Products, Sale of Petrochemicals and Other businesses.
TTM EPS: 17.36
TTM PE: 5.43
P/B: 1.00
Mkt Cap (Rs. Cr.): 133,022
Dividend Yield: 3.19
Sector PE: 30.01
Book Value Per Share: 94.73
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