Indian Oil forming symmetrical triangle on monthly chartIOC forming symmetrical triangle on monthly chart, if breaks out of the monthly resistance , could have huge upside
Note: This is only for educational purpose
IOC trade ideas
IOC Resuming it's Rally after reversal from support!Financial Supports target of 130-150 in mid term.
RSI indicating bullish momentum along with MACD also giving bullish signal.
IOC - Energy sector showing good bouncebackIOC
add small qty here and add more above 120
Tgt 150 170++
IOC Daily chart analysis.....IOC chart analysis on a daily chart, in my view i am expecting a bullish breakdown from the triangle pattern. if it has a breakdown then we may expect a TGT at 128 and 101 will act as a support for now (sry mentioned wrongly as 110 in the chart)
Thank you,
The Fox Pack Traders
IOC - buyBuy from cmp to 109
easy target 112.5
tg2 - 114.5
Disclaimer : This is my personal analysis for study purpose not intended for trading
IOC NeutralThis is a short term view, we can see another upside to 114 and then to all-time high. Remain if you're a long term, exit if you are a swing trader.
IOC longWe can see huge upside in the coming days if this line breaks, that what my prediction says. Its been ranging at this range for a long time. If breaks, we can see a 52 week high, just hope that bull market doesn't end.
IOC LONGLooks very bullish it broke a weekly trendline also consolidate after then now broke a daily resistance , good for positional trade
IOC ANALYSIS 31.08.2021BUY : 107 TO 102
TARGET : 133
Reason For Buying This Script :
In this script it forming Elliott wave in monthly time frame.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
ioc buy for investmentbuy near 104, stop loss 99, target 117.3 , 128.4, 152
please take your advice from your financial advisor before taking any trade.
all the best
INDIAN OIL CORP LTDIOC is consolidating at previous resistance and also at fib level of 0.5. If daily Candle Closes above the Consolidation Zone Can take the Swing trade and target previous high.
IOCL Weekly ChartIOCL WEEKLY CHART
looks steady n slow rising, with R/R of 1:1 target of 127 can be seen, also this is high dividend paying company can be kept in protfolio for healthy dividend of Rs. 12 per share giving dividend yield of 11%. Views are welcome on this.
IOCIOC has a breakout form the pattern .It is good to short now the target is kind of good and the stoploss is also not bad. So take a short position in IOC to make handsome profit and don't forget to place the stoploss.
IOCAs nifty energy is at support one can see a similar pattern in IOC too and right now it's in consolidation too. Risk reward is very favourable with a stop loss of 102 on a closing basis.
IOC - Ready For 20%All Petroleum Stocks have corrected decent. Time for Fresh Upmove.
IOC- Buy - 102-107
Sl -100
Target -113 118 123
Inverted Cup and Handle IOC is making ICH pattern on hourly chart. More over this stock showed more selling pressure during last trading hours. This is just for education. Trade as per your analysis.
IOC LONG (reversal)We can observe that IOC is now showing a reversal.
It was in the Consolidation stage and now has broken the Consolidation Channel and is trending up. We have the confirmation as 2 GREEN WICKS can be seen above the EMA 45 Line.
This ticker is a good pick as we can see an overall Ascending Channel pattern as the SMA 180 Line is being a Support to the ticker.
Good bounce from support
Crude oil fall is good for IOC
Good bounce from support
Go long
Stop loss of 100
Late night Technical analysis talk - Nifty energy stocksThese are potential trades given by you guys only in the comment section :) also, some are my findings
Update on Bajaj finance and Reliance is given inside the video
NO intraday analysis for today only swing based
Nifty energy seems bullish so we took 2 stocks into consideration for that :)
IOC - BullishRetracement from Fib Level 0.5
Previous Resistance acting as a support
Good volume back on
Triangle Pattern breakout
MacD turning bullish
Stay long till it holds 102
Tgts 117/124
LONG INDIAN OIL CORPMy point of view is to buy NSE:IOC
Its an opportunity one can look for.
Please look to the chart for detail analysis.
