So clearly we can see the stock has break the resistance of 79 after testing it for the third time fron here the targets would be 84 and after that re-test for the support of 80. the stock is going to fly the target for the end of this would be 100 these are the possibilities im expecting from it........
IOC having a high chance of breakout from triangle pattern
IOC is having strong resistance in weekly timeframe, giving a breakout would lead to good bounce for short term.
IOC analysis every thing memtion on chart NOTE: THIS IS FOR EDUCATION PURPOSE ONLY DO UR OWN RESEARCH BEFORE MAKING ANY INVESTMENT
Exercise caution as broader market is bearish. Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours: --------------------------------------------------------------------------------------------------------------------- 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens...
IOC Breakout upper side. 81 level Little hurdel. If crossed & sustains it for 2 days.. Expecting Target : 84, 81
Breakout in IOC with Triangle Pattern breakout And in 1H timeframe making a lower high
Technical Analysis on 2H time frame. Figure 1 1) I use EMA of 20, 50, 100 and 200 periods. 2) The moving averages are contracted in a very symmetric way. 3) The 20, 50 and 100 ema lines are almost on the same level. 4) The resistance comes on the level of 81 Figure 2 1) On 17 Feb we got the breakout of the triangular pattern. 2) The price tested its...
IOC @ 79 Analysis on 11-Feb-2023 As long as 47 holds support, we will see 95 and further 122-138, 195, 229-250, 286-306, 342, 390, 430-455.
After giving trendline breakout IOC came for resting exactly reversed from golden rotio 0.618 above 80.75 it can go 81.25/ 84++
Resistance @ 99, 114 Support at 60 Revise targets in April, May and August 2023-25 Pros: 1)Reduction in GRM to increase the demand. 2)Green Initialtives to be housed in existing IOC franchises. 3)Stock is trading at 0.86 times its book value 4)Stock is providing a good dividend yield of 10.7%. 5)Company is expected to give good quarter 6)S/D Gap in EV...
In Weekly chart of IOC, upward momentum is expected in coming weeks. Trendline has been respected multiple time. Plan an Entry at 84 with 80 as SL. IOC has good Dividend Yield. This can be a good investing opportunity with small SL. If you are not considering this as investment Buy Qty as per your risk ratio and Plan 1:2 or or 1:3 and book profits.
New Study For Paper Trade Indian Oil Corp LTD (IOC) ON WEEKLY SUPPLY ZONE Ioc Equity Holder Keep Book Profit (not long term Holder) And other Can Sell Futures Or Buy Put Option Maximum 85.80 up side ioc can go with stoploss 88 target 75-65 Study Logic 👉 Weekly Supply Zone Only For Paper Trade And Education Purpose Don't Real Trade I am not sebi Registered...
IOC showing trend line breakout on chart and the price action also showing very short term view.. LTP : 83.55 TG : 90 SL : today's low
Resistance breakout and targets these all things are mandatory for one who is doing charting well here I am with an idea on weekly chart of IOC that is Indian oil corporation seems that it gives a Bullish Breakout on hazardous resistance which it faced many weeks finally broken out that resistance and closed on above that and Bollinger bands also confirmed a...
IOC showing signs of an up move, after falling for 6 nearly months straight. Entry - Close above 70.45 (buy the dip) Target - 74 / 76.50 / 79.50 SL - 68.50 Views are personal, study the stock before trading.