IOC LEVELS FOR THIS WEEK | ASCENDING TRIANGLE BREAKOUTBASED ON THE THEORY IOCL WILL RE TEST ITS ALL TIME HIGH ONCE AGAIN
IOC trade ideas
IOC at support. Buying August Futures at CMP and Buying ATM PUT to hedge the positions. Expecting target of 126+
IOC SWING IDEA GOOD SWING OPPORTUNITY COMING IN IOC ON HIGHER TIME FRAME
RISK REWARD 1:4
DO YOUR OWN ANLYSIS BEFORE PLACING THE TRADE
KEEP BOOKING PROFIT ON RALLY AND ADDINNG POSITIONS ON PULL BACKS\
KEEP TRAILING STOPLOSS
Indian Oil Corp - Swing TradeBreakout of long term Resistance trendline. With Good Volume amount.
Good to Buy on my POV for Tgt of ₹ 120.
On 1 Hour Time frame already have 50-200 moving average crossover and good support on daily time frame also.
IOC | Nice retracement after swing high breakout (Dow theory)IOC | Nice retracement after Swing High breakout (Dow theory)
CMP : 106
SL : 98
Target : 150, 160
P.S : I'm taking it for long time, allocated a small capital. Unless SL is hit i'm planning to hold for 1-2 years
IOC BULLISH STRUCTUREENTRY - Above 108.50
SL - 103 ( Closing basis)
TARGET - 117,121,148++
RISK/REWARD - 1:6+
Above analysis is for study purpose..
Like and comment to encourage me..
ioc bullish view detailed analysed on 16 july 2021ioc bullish view detailed analysed on 16 july 2021
IOC: Short term & Mid term view- BullishDaily MACD Cut may come on upcoming days and weekly indicators are positive. In Weekly Ichimoku chart, Price took support on conversion line and Conversion line above the base line. Lagging span above the day close. Once it coming out of the cloud, price may zoom up further. Weekly MACD crossover may happen on upcoming months. These parameters may help to reach the targets.
Vijayaraghavan.K,
Kovilpatti, Tuticorin dist.
IOC double bottom on dailyIOC NSE:IOC
double bottom on daily chart and above 50 EMA
Entry 107.95
SL 104.85
Target 112.2
Buying opportunity in IOCPrice is about to enter in buying range supported by EMA 20 on weekly and monthly time frame
get a idea form chart I think it is on the peak point breakout are nearby of it it may be upside or downside I have suggested to you both parameters take an opportunity for intraday.
IOC CALL SELL SP 116FACTORS
1.RETRACEMENT OF 73% (RESULTS INTO REVERSAL OF TREND)
2. ADX IS DECLINING
3. RSI FALLS BELOW 60
