IOC, looks for BOTAKING BREAKOUT from long term S/R zone, forming channel pattern and showing Breakout .
looks good for a large move, we can wait and see
IOC trade ideas
IOC At Major Resistance - If broken it will FLY 1DNSE:IOC is at very major resistance zone of a trendline which it had broken on 15 Dec, 2021. now it feels like it is taking a retest from here for a big downtrend continuation. if retest will pass then we can see a major downtrend or it will greak the record high if this trendline is broken on retest failure. Currently my views are bullish for it. will Go long above 123 on candle closing.
IOC "INDIAN OIL CORPORATION" LONG TRADE IDEAThe IOC is forming a channel and presently trading at its lower support. I has given a good breakout of the trendline and now it is ready to give us a good move upto it's resistance and it may go above too
IOC 30 MIN TF [trend line + triple bottom breakout]IOC trendline breakout at 30 min tf looking good for swing trade.
NOTE: not a buy/sell signal, do your own analysis before taking any risk.
Indian Oil: Chart set up Indian Oil
The stock is near important support level
Target 126 / 132
Take care & safe trading
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Long Indian Oil Corp...High probability trade
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 consult your financial advisor before investing
IOC imoportant level breakout or breakdown.hey guys.
IOC most probably can show a reversal from this important level still we will wait for the breakout of the trendline and the marked levels for confirmation . Targets are marked.
IN breakdown scenario we can see 99.5 level.
Yesterday tip give 2.93 risk reward ratiosHi guys
Yesterday I publish my analysis for ioc for short sell this give me lot of profit .
Rrr = 2.93
Indian oil corporation technical analysis for options trading.Hi guys
Here I marked some support and resistance .
Buy call .
⛽ Indian Oil Corporation LTD Swing Opportunity 🎯NSE:IOC
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 As One can see, This Pattern has Been Made on Weekly Time Frame, that's why stop loss quite big as per this time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis.
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 106.25
SL :- 101.90 (Closing Basis)
Target 1:- 110
Target 2:- 113
Target 3:- 116 and more Trailing basis
Note:- As Per this harmonic pattern, stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, ask doubts in comments below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Indian Oil Corp [Weekly]Broke channel support. Might rebound from where it is (I doubt it) or take support anywhere from 108 to 110.
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Keep in mind that if the overall market dips, most stocks will also go skinny dipping.
Happy Trading!
#RetestIoc has broken its downtrend of 2017 and has given a breakout at 115-117 levels.
It is now currently testing the breakout level.
Entering at current levels provides a good Risk: Reward.
Stoploss can be placed at 114 (daily close) for short-term trading perspective with a Target of 140.
Wile with a deeper Sl of 102( weekly close) one can stay invested for targets of 170 and 230 kinds of levels.
Disclaimer: Not a SEBI registered Advisor. Consult your Financial Advisor before taking any trade.
IOC - Weekly analysis1. Price is in down trend forming LH-LL from Aug 2017 to Sep 2020.
2. From there, a reversal in trend can be seen forming HH-HL.
3. Good swing trade opportunity.
Entry : 125
SL:115 (WCB)
Target: 140
Ioc in a good support zone.Both trendline support and Horizontal support connecting at Same point. Might be a good swing Opportunity.
IOC is at good support level. IOC formed Cup & Handle Pattern In Week Time Frame, & It took support @ 117.45
Entry level - above 118
Target - 140
Stop loss - 110
These is only Education Purpose Not Recommended for buy
IOC_CAN BE A GOOD PICK FOR SWING TRADERSIOC looks good on chart. One can go long after a range breakout.
Pullback to 50 DEMAThe stock is in uptrend. Due to market conditions, stock is was in retracement and has retraced to 50 DEMA. Now the stock looks like taking support at these levels.
Range breakout in IOC.Range breakout with quite good volume in IOC can be seen. Can buy at CMP for the target of 118.05 or can wait for the daily candle closing above 106.60 level with a strict stop-loss of 100 level (only on closing below basis).
Can expect a good upside-move after a long CONSOLIDATION or stuck in zone for a long time..
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS.
