IOC trade ideas
IOC stock to take long entryIOC stock is forming W pattern which is the sign of bullishness.currently stock is trading in the zone or box. Buy only once the stock has broken the resistance level. Good buy above 105 for the target price of 115 -120 with the small SL of 98. This is for pure educational ideas.
Buy IOC Accumulate near 83-85 for upside of 100-102. We are not SEBI registered analyst or advisor, Thank you
Buy above 94.Talking support from last few days, now trying to move up, its buy signal above 94 till 103.
Swing TradeTarget: 104
Stop loss: 84
Its a good Divident paying stock worth a risk.
This info is only for educational purpose.
INDIAN OIL CORPORATION IOC BUYIOC April expiry will end with 52 week high.
ioc uptrend. Expected 114 by month end. Exit positions after 110.
Covid lock down will not begin till completion of election.
IOC | Long Term Trendline Breakout with Volume 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕
--Buy above =102.60 or CMP
--Target = 116.80 | 143.40
--Stop-loss = 84.80
--R:R =2.76
--Expected Profit = 39%
--Expected Holding = 1-3 Months only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Long term Trendline Break with volume
2) Long Term Resistance Breakout with volume
3) Volume is perfect
4) Stock has given the Triple Bottom Breakout
5) Fundamentals will support the stocks as well
6) Target is based on pattern height & S&R zone basis
Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
LONG IOCSuez Canal crisis may help IOC share go up.
Market says: if sellers are low and buyers are high! Price will increase.
Due to crisis at suez petrol crisis may occur. Obviously it will affect IOC Share price. NSE:IOC
Indian Oil - Triple Top Breakdown ??Indian Oil Corporation has formed triple top and now tested the support zone thrice in last 4 months.
If stock breaks 90 then aim for targets of 88.25, 87.50 & 84.50 next week
On the other hand if stock bounces from support and breaks 92.50 then aim 94.70, 96.70 and 97.50 in next wekk
P.S. --- This stock is not good for Intraday so consider only swing
IOC at crucial pointIOC at crucial point if breaks mentioned yellow lines are supports will it brake or accumulate for long???
All charts posted by me are for my practice purpose
BUY IOCAnalysis explained in chart. Targets as given in chart.
Please use strict stoploss and money management rules.
This idea is for educational purpose only.
Please consult your financial advisor before investing.
If you support the idea, please hit 'Like' button.
Happy Trading!
PS: Good dividend yield company. Investors can hold for my higher targets.
