IOC bearish engulfing moderate volumeshort sell IOC it has a moderate volume so bit more risk is involved so keep your stoploss tight
IOC trade ideas
IOC looks good for long above 104 and breakoutIf IOC breaks 104 with good volumes we can see it zoom trade with SL at 97 on closing basis. 104 is double top formation zone and I would take trade above 104 on clb only.
I would recommend long on IOC for the target of 113 and then 120 levels. MACD moving to positive along with positive ADX seems good.
Price now is trading above cloud on Daily basis along with positive signs mentioned above. But it will be important to see how IOC moves on weekly chart which shows turbulence zone and stock has been trading in good moves up and down.
BUY IOC at this good priceAs of my privious idea. IOC again at good price to buy. Target and SL are mentioned.
IOC IS CLOSE TO BREAKOUTBuy Around 88-90 and SL of 82. Resestance is toucherd several time. Now it again showing signals for long and most probabaly it will break resistance and weekly trendline and will gives brautifull returns.
LongThis shows the deeep in the price today and also expected to see the touching support level again but expected better result in the long term part.
I am an amature. This is just my idea. Use own discretion.IOC will maintain upward trend to reach 115 approx till start feb. Then it will show a correction to support line down to 107 or 97, only to go up again after that.
IOC - Short - Cup & HandleIOC has formed a nice inverted cup & handle formation in 15m TF.
Trade b/w the channel or watch out for breakout. Possible short with TP 96.50
PS. For educational purpose only!
buy IOC for swing tradeioc at important level (previous resistance will act as support and 0.618 fibb retracement)
IOCThe company is moving from a high debt commodity single product manufacturer to a debt free diversified business. Business transformations take a while and stock has re rate from a PE of 3 to mid teens in a few months. It’s a slow process, you should not expect the stock to keep climbing like it has. That’s not normal
Entry After Breakout and then Again re-enter at Retest Breakout 96 - 97
Stop Loss 90 on Day close basis
Target 120 and 150
Long IOC @ around 90 to 95 Trendline + Hammer Long IOC @ around 90 to 95 Trendline + Hammer Let's watch what next ....?
INDIAN OIL CORPORATION done Break-Out in weekly TimeframeIOC breakout at weekly timeframe I think this is accumulation stage that's why I goo long in this IOC stock
BullishIf no bad news , this is going to touch 105
Buy above 103 ,sl 102.70
For 105
Avoid while market is red
But for long term target is 113
IOC | 17-20% potential short term CMP - 103.20 NSE:IOC
Long term trendline break - then last kiss to trendline and now broke important resistance zone. Looking good for 120+ 150+ 170+
ONE CAN BUY IOC! time to BET on IOCIOC is underperforming from long long time , now after giving breakout out of tringular pattern can clear very high targets, its time to bet on IOC
Inverted Head & Shoulder: Indian Oil Corporation #IOC before this pattern, there is a clear downtrend.
