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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IOC trade ideas
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
believe on yourself onlythe analysis is based on intraday trading. here analysis signifies that market is going to be bullish.
this is my trading view and for educational purpose only, before investing consult with your financial advisor
IOC, Down side is limited. Positional long.My earlier view in #IOC ( #indianoilcoporation) failed.
But now IOC looks much more positive. After breakdown form around 82 levels, the down move was not with required volumes. Although I don't use indicators much but there is clear RSI divergence. Next Levels 81 96 101 115. Last week was a spinning top candle followed by bullish candle.
Level are not always exact. It is always a area.
IOC Impulse Elliot Wave SequenceDISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis. Details in description.
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Indian Oil is under-performed its other peers post covid fall.
From all time high stock is in stiff downtrend and in parallel channel.
It has formed bottom at start of wave i and retraced nearly 80% of wave i.
Stock may create leading diagonal and should move higher.
With SL 71.6 Long for 110-116 which is wave iii taget 1.618 Fibonacci level
In year or it should touch upper channel line near 125.
IOC | price is not moving but RSI is making HHStock is at strong support level , price is now at range and accumulation of share is must happening as volatility deceased
RSI is continuously making Higher High
Possible upside breakout will happen
targets are mentioned i.e 83
lot size = 5700
check out the other ideas as well
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I am enjoying it by buying at 74.00.Are you enjoying too?hello guys!
I had bought this at 74.00 accordingly to my analysis.
just sharing my analysis for your help :)
fundamental results are good for this stock.
In shorter timeframe,the stock has formed a descending triangle and had breakout after it.
For confirm uptrend,you can buy at 77.40.
----------------------all the other details are given in the chart---------------------------------------
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IOC LongI hope you can now see how IOC represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
"Bearish Harami" Breakout In IOC (Indian Oil Corporation)Buy IOC on an dip to 76.5-76.8 Strict sl of 74.5 (Day Closing Basis) Target - 81/83/86
[Buddha] IOC Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
IOC Reversal BuyReversal Signs after Sharp Downfall
Now Bullish RSI Divergence, at Strong Support, small Inverted H&S breakout with Volume
- Can do minimum 88 for Target
- Above 88, open for 92, then 100
Buy at CMP
IOC JUST RETURN FROM THE STRON DEMAND ZONE AND ACAN GO 90IOC JUST RETURN FROM THE STRON DEMAND ZONE AND ACAN GO 90
IOC - Positional LongOBV is increasing, and there is a good bounce and now at the verge of Breakout of a good resistance.
Can go Positional Long
First Target - 85
