IOC trade ideas
IOCIOC trading in bullish pattern but stock nearest resistance at 155.8 level if stock able to hold resistance and close above resistance level post result we can see upside toward 160-165-170 level and if stock not able to hold resistance and break 148 support we can see 144-142 levels post result.
#ResultpreviewwithMrChartist
Bullish Gartley Indian OilBullish Gartley Indian Oil
Prz - 137.50 - 140
Sl - 135
Target 1 - 145
Target 2 - 148
IOC Daily CHart CMP 157.65 BUY @ 154.-154.5 SL 145 Target IOC Daily CHart CMP 157.65
BUY @ 154.-154.5
SL 145
Target - 164- 169 175- 180- 185- 190- 198+
Looks Great to sell at 153.80looks nice 1-2-3 pattern on IOC forming on 15 min chart ..looks forward to trade it
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.
Indian Oil Corporate IOC clear divergence on RS with candlestick pattern goes for immediate target of 149-150 on Daily Time Frame.
An idea for educational purpose.
[INTRADAY] SELL IOCLevels are mentioned on chart.
Open to discuss here.
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Indian Oil Corporation IOC Divergence Divergence with strong negated candles show the clear downtrend for immediate target of 149-150 very soon.
An idea for education purpose only.
IOC BullishWeekly Supertrend indicator in the green = Bullish
Daily William%R Turning up from oversold range = Bullish
Stock bouncing from near 50% retracement of previous trend = Bullish
Buy with a stop at 148 for the targets of 169 and 180
IOC - HIGH PRICE LEVELSIOC HARTS INDICATE MOVEMENT TOWARDS
TARGET-1 AT 164.7
TARGET-2 AT 170 AND
TARGET-3 AT 180+.
ON THE WAY, THERE WILL BE A MINOR RESISTANCE AT 161.3
STOP LOSS IS GIVEN AS 153 FROM WHERE THE SHARE HAD STARTED MOVING UP AGAIN.
IOC BUY TECHNICAL ANALYSISIOC BUY @ 158.70
BUY LIMIT 1 : 146.05
BUY LIMIT 2 :127.70
TARGET 1 : 175.15
TARGET 2 : 194.80
LONG TERM EXPECTED JULY - SEPTEMBER 2020 TARGET @ 230
Flag formationOn daily chart stock has formed pole flag formation, a breakout in stock, it will move towards 168-170 levels.
IOC Buy 1" Margin trading is NOT recommended. Do your OWN analysis before initiate trade."
Buy Below 150
Target 160
Stop Loss 125
IOC Gearing up for Huge UpMove ??????IOC Important Hurdle at 160.4 Weekly Close above this Stock will Rocket. Looking at Momentum it is likely possible this will happen. Buy once stock gives weekly close above 160.4 and Hold with Patience. Cheers!!!!!!
