Dear Friends
Watch trend line break out of IOC . if IOC break and sustain 126 level then it will touch 130( Target 1) and 135 (Target 2)
Wait for 126 level..
All level mentioned on chart for your reference.
Regards
Kirit Chavda
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Indian Oil Corp. Ltd is India's flagship national oil company and downstream petroleum major.
CMP: 123.30
Target: 132-135+
Now on near support 121.30 it may retraced as per cup and handle strategy. and go for up to 132 to 135 . also given day breakout on neckline.
Right time to buy.
Feel free to share your feedback and queries.
If you want to know about your...
Date: 16-Jan-2022.
Rating: Buy.
LTP: Rs. 123.30.
Target: Rs. 140-->150.
SL: Follow the trailing SL indicated by the moving averages.
OIL has created a break out from the current secondary trend with higher volume . 7D EMA has crossed over 13D and 26D EMA lines, suggesting an uptrend from here. MACD and RSI have also crossed over to buy zone.
Disclaimer:...
NSE:IOC is at very major resistance zone of a trendline which it had broken on 15 Dec, 2021. now it feels like it is taking a retest from here for a big downtrend continuation. if retest will pass then we can see a major downtrend or it will greak the record high if this trendline is broken on retest failure. Currently my views are bullish for it. will Go long...
The IOC is forming a channel and presently trading at its lower support. I has given a good breakout of the trendline and now it is ready to give us a good move upto it's resistance and it may go above too
Indian Oil
The stock is near important support level
Target 126 / 132
Take care & safe trading
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it...
IOC
NSE:IOC
Cmp - 111
Stop - Nil, Add more on relevant dips
Expectation -
T1 -128
T2 - 140, Review at 140
Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2
Technicals - ✅, right
Fundamentals - ✅, will follow price
View:- Swing/Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or...
hey guys.
IOC most probably can show a reversal from this important level still we will wait for the breakout of the trendline and the marked levels for confirmation . Targets are marked.
IN breakdown scenario we can see 99.5 level.
NSE:IOC
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 As One can see, This Pattern...
![IOC: [ INTRADAY ] IOC LONG BET](https://s3.tradingview.com/b/bjmTv8WF_mid.png "[ INTRADAY ] IOC LONG BET")
![IOC: IOC 30 MIN TF [trend line + triple bottom breakout]](https://s3.tradingview.com/m/mlKHzltC_mid.png "IOC 30 MIN TF [trend line + triple bottom breakout]")
