Breakdown of Symmetrical Triangle for IOC on daily timeframeIOC is giving breakdown of Symmetrical Triangle on Daily timeframe, Target would be around 60
Note: This is only for educational purpose
IOC trade ideas
Triangle pattern forming....Ready for breakoutIOC triangle pattern forming ..... Ready for breakout..... Targets mentioned in chart
Expecting IOC to move upside Expecting IOC to move upside as it seems its downside short rally has come to an end.
IOCNSE:IOC
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
GO LONG ON IOCNSE:IOC
I T IS A SHORT TERM SWING TRADE
The stock is at great support zone .
The stock has formed a bullish pennant pattern.
The first targe t is at 80 and final target is at 84 in short term swing trade.
This is for educational purpose.
Focus on IOCIOC was formed a symmetrical triangular pattern and about to break upside (more possibilities), as the delivery percentage seems very high compared to last few sessions.
For aggressive trader - Go long once opens & sustains above 74 in 30 mins time frame. Others can wait till it retraces & takes support on traingular pattern, which was acted as resistance before.
Targets given,
Happy trading.
IOC - 18th July 2022Prices in Narrow range of 71.20 - 70 for past three days.
Break of range can give a tradeable move. Keep a Watch
IOC Price cycle patternCycle repeat itself again and again. IOC is repeating same pattern in certain time period with certain number of candles +-5% error on number of candles some time.
So If you deduce the price then deduce the time as well then you will find the exact trend of price with time else you will not able to identify big moves.
SELL 110 Call and Buy 115 Call bearish call spread
Else create bearish put butterfly
IOC is a good buyStock has reached a good support ....confluence of channel supports and AVWAP and previous swing low....
COME TO REMOVE ALL THE OIL, IOCIndian oil corporation looking weak on charts rsi is also giving negative signals
indian oilindian oil brack the support..... buy 88 or 96 and stop loss 80 for 1 month swing treding.
Sell on rise stock
T- 102/96/87
SL : 121
Timeframe : 30-45 days
Reason : Global oil is trading above 110 while domestic price has been kept relatively low. Retailer is on negative side while producer RIL is on positive side of the story.
for long termfollowing dow theory .
trading at long time support trendline
consider for long term view
ioc 15 minutes breakoutioc 15 minutes entry wait for a confirmation go buy or sell entry confirmation keep watching tomarrow
Can expect IOCL to reverse from here.We can expect a Good reversal from current support as per the Trend lines marked.
IOC - 19th May 2022Stock in Clear Uptrend
Support Area @ 118-109
Directional Move will happen on Bounce or Break of this Support Area
Iocl buy on dips and accumulate for LTIndian oil is following an extended support at long trendline. Look to buy at bottom of trend line with a stoploss below trend line.
IOC( EDUCATIONAL PURPOSE ONLY)
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
Indian Oil Corporation with target of RS 130 CMP IS RS 122.10
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR AT RS 115.
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
IOC - Might do 170 if closes above 125.IOC - Can go long if closes above 125 for targets of 170 in a few months.
Exit if closes below 108 after entry. Good dividend (9% p.a) paying company.
Views are educational.
IOC swingNSE:IOC
Short entry as per chart pattern
Entry below the rebound region
SL 2nd Rebound region
Nearest level as per price action.
