IOC trade ideas
Buying opportunity in IOCPrice is about to enter in buying range supported by EMA 20 on weekly and monthly time frame
get a idea form chart I think it is on the peak point breakout are nearby of it it may be upside or downside I have suggested to you both parameters take an opportunity for intraday.
IOC CALL SELL SP 116FACTORS
1.RETRACEMENT OF 73% (RESULTS INTO REVERSAL OF TREND)
2. ADX IS DECLINING
3. RSI FALLS BELOW 60
quick short sell iocHello guys i had find this setup in 4h timeframe which is made resistance at upper trendline and also broken trendline and structure we have a good opportunity to short with above sl at resistance and below support tg and plzz before taking any trading decision plzz do your own analysis if you like my analysis plzz like share and follow thank you
IOC INDIAN OIL CORP.. WATCH FOR AN UPWARD MOVE. BROKEN OUT OF RESISTANCE AND TAKEN A RETRACEMENT. SAFE AS LONG AS IT IS STAYING OUTSIDE THE RESISTANCE LINE.
BUY IOC TARGET 124Crucial point for ioc share.
15 days time a big move to be expected.
Stock under consolidation.
Sellers decline at last trading day.
Now time for bullish move.
BUY IOC TARGET 124 SHORT TERMBuy ioc
Pros: petrol price hike. COVID case decrease. Lockdown restrictions loosen.
High dividend stock.
Your money will be safe at Govt owned Company.
Good to go.
An Professional Out Look I am looking an Weekly termination of Trend in coming days , Once it reverse from Current Prices One can watch out
it will high likely will move down in deep price correction
This is based on current Price structure if any change it will change or moderately change the forecast
Good luck
INDIA OIL BREAKING MULTI YEAR TREND LINEINDIA OIL BREAKING MULTI YEAR TREND LINE, BUY above 110 with SL of 98 and Target of 122-145-160
Period of 3-9 Months
This analysis is for educational purpose only.
IOC - Cup and handle pattern1. IOC has formed cup and handle pattern in weekly TF
2. Increase in volume activity since June 2020'
3. Other PSU peers have shown similar increase in volume and price
Levels are mentioned in the chart.
To motivate, give a like and show your support. Thank You!
Please stay safe. Happy Trading!
[Swing] Flag breakout in D frameBullish flag spotted in the daily chart. This combined with crude oil price at its highest in past 3 months increases chances moving upwards.
Disclaimer: This is meant only for education and also to track my own progress in learning TA. I neither recommend nor suggest anyone to take this trade.
IOC LongName - #IOC
CMP - 114
SL - 99
Target - 130/150/200
Time Frame - 6 - 12 Months
Technical Triggers -
1) Stock has just broken out from a multi year downtrend on high volumes
2) Stock is taking support at the 200 EMA
3) Stock is in the proccess of making a multi year rounded bottom
This is a slow compounding stock and expect slow moves in this one
