IOCIOC ..AS FORMED DOUBLE BOTTOM WITH RSI DIVERENCE AND IS ABT TO GIVE BREAKOUT ABV 96.5...(may be after some consolidation) ...after bo te stock can start its uptrend
IOC trade ideas
IOC - ON MOVEIOC ON MOVE
KEEPING 90.7 AS STOP
RUN THE RIDE FOR NEW HIGHS TILL 103.8 LEVEL
disclaimer - for study purpose only.
IOC | Ascending Triangle & BREAKOUT Swing Trading opportunity ! 30min Chart Alert !!!
--Buy above =92.30
--Target = 95.40 and even more
--Stop-loss = 91.05
--Lot Size = 5700
--R:R = 1.84
--Expected Profit = 16,000 ₹ per lot ( 4.50% )
Technical Reasons to trade :- 🧢
1) ioc has formed ascsending triangle
2) Volume is good at the time of breakout
3) multitime frame is bullish
4) target is based on resistance zone
5) retracement can happen
Guys check out the related ideas as well, it will worked really well !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
IOC can go up to 96 and then if weekly closes above then 105 chart is self explainable. Keep SL tight
Long Position in IOCHello Friends, I am bullish on IOC as this stock given breakout on daily timeframe by making flag and pole breakout, I have mentioned by observation for making position in this stock, this stock created Hanging man after the breakout, but if the low will breakout on hanging man candle then we can exit with taking a small loss. you can check parameters for building conviction on this stock. we will wait for the target. Thank You
Hey investors !THIS IS MY PREDICTION
That the NO TRADE done of IOC is BUY AFTER 87
And sell AFTER 85.5
IOC IntradayStock from current level might move towards 88/90
Even better if one is found near 85-86.
in that case SL 84
If it opens below 85, there is no need to trade.
Disclaimer: Ideas for learning Only.
Learn Regularly. NOT Occasionally.
IOC#ioc look for bullish candle from here as it seems breakout and pull back done. Above 86- 87 it can show 95 and 100 as next short term targets. View will negate below 79.
IOC brilliant chart for medium termMultiple things to note on this chart.
1. The stock formed a good base at 71-72 levels. Tested twice and the levels acted as a good support. In the chart this is indicated by the black line drawn at support.
2. The stock then formed higher highs and higher lows indicating that the stock is in an uptrend. This happened for almost 6-7 weeks.
3. Now, historical data shows that the support had previously taken very strong support at 83-84 levels. It tried to break these levels on almost 4 occasions (weeks) but failed. Also, we know that a support line then acts like a resistance. Indicated by red trendline.
Can it break this resistance of 83-84 levels this coming week? Some of you might say that it has already broken the resistance on weekly close but the volumes don't look convincing to me so I would wait for another session and see how the formations are on a daily chart.
Trade idea: If the resistance is decisively broken, go long in IOC with levels up to 90 (first) and 96 (second) as Targets.
Please look at the "related idea". I had given an idea on IOC and that was very successful.
Please give me a like and follow.
Cheers!
IOC has formed higher highs and higher lowsIOC has seen a reversal in the last few days.
Buy above 82.90 which is next resistance.
NSE:IOC
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No use in Holding CEBought 80CE on 30th Oct for ₹4 when IOC is at ₹80.5
Today IOC made high of ₹81.45 and yet CE made a high of ₹3.45.
That's the reason why i mentioned earlier not to touch the options.
And for tomorrow, you can sell IOC because it touched the upper line of ascending channel and fell down
So, sell IOC with a stop loss of 82.5 to 83 and a target of 79 and 77.5
avoid options.
Let's Handover all our money to the OperatorsAargh, No matter how many times we try to earn some money, operator never lets us to win.
No matter how hard we try. Even after we make the operator richest person, he is still greedy and wants more.
Everyone in the stock market tells us that we are not supposed to be greedy and hence we keep targets.
It is just a saying to make the operator more richer than us.
He is a the player and we are all his pawns.
Follow the trend guys.
Sell when the upper line in the channel is touched and buy when the lower line in the channel is touched.
Don't trade in options.
I'm already in losses.
Trade in stocks only.
Stop loss: 15min or 1 hr candle close in opposite direction
