Buy < 156 upto 154 sl close below 153.5 easy tg - 159 Not suggested Disclaimer : This is my personal analysis for study purpose not intended for trading.
Hi trader This is Indian oil corporation Triangle Breakout. This is my favourite setup for positional trade. Note - Only for Education Purpose.
IOC might give a good intraday to swing trade with a decent stoploss and good targets ENTRY- 162 STOPLOSS -159.5 TARGET - 167,170++ Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal view Please like or boost my idea if you like it or...
Reason to buy : 4% dividend Allocation : 1% Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI that has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals. It has the leadership...
Oil Marketing Companies are ready for new Run as Crude Oil Price down... for next Quarter.
After a fake breakout of Descending triangle pattern in IOC, stock is looking weak with neutral results. After closing below 165, stock can achieve target of 152. Also, stock is trading under 50SMA. RSI is also near 49.
IOC Rally - Base - Rally price action 1.First Rally, then forming Base (Consolidation) & then again expected Rally after break out of the line of least resistance. 2. Close above previous day High(172.6) 3. Close above last week High(173.7) 4. High increase in 1 month (+5.4%) 5. High increase in 3 month (+20.5%) 6. High increase in 6 month (+103.4%) 7....
Hi IOCL looks good on daily chart . Given a breakout from trendline. The target would be 202 with SL of 161. Thank you
Crude is not sustaine above 90$ so the benifits get OMC Companies and IOC is in good position to add.
Break above 175 Can give us target upto 185/190/194 With SL of 166
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...
Volume buildup is done, BO is done, Retracement is done..220 loading :) . If I take position, I will update this thread. I do not recommend others to take trade on my ideas. DYOR
Support - 167 Resistance - 170/175/180 Bullish till 175. Trade as per your plan.
IOC has been consolidating for some time, Good Volumes, Can go Up.
My sell side Target is 150 level.If 174 break and sustain,then go for buy side
On monthly chart I am seeing 35% crash in upcoming days or maybe months or year but this will happen,I am sure that will definitely touch 114 level.
IOC is forming a inverted head and shoulder. Breakout can happen soon above 174 and target is its previous high. during recent correction it perfectly took support from the previous breakout level of 150-155 zone and started rising.. keep watching for a swing long trade with RR more than 1:5.