IOC trade ideas
IOC Short term and long term...BreakoutIt can give a direct breakout or will consolidate and make cup handle pattern and break the zone.
IOC Head & Shoulder BreakoutBuy IOC In Future
Closing Price - 94.85
SL - 91.7
Target - 100
Lot Size - 6500 Shares
Risk - 20475
Gain - 33475
IOC WAITING FOR A BREAKOUTIOC has strong resistance at 92 - 93
IOC was on a short term downtrend or correction and was observed a double bottom in hourly time frame
IOC broke out of downtrend or correction and forms an ascending tringle
if IOC breaks out, we can expect an upward trend till 96 or incase breaks down to 86.7
Let me know if you have any suggestions or recommendations.
Thank you.
Disclaimer :- Just an idea not any recommendation
IOC Share Price Trend AnalysisMay 07, 2021
Today on 1HR Chart Time frame IOC given 2 breakouts with Good Vol of 9.57 Million.
First Breakout is of Trend which was maintained by IOC since April 2021. A resistance has been breakout along with a support which was braked by IOC Share in March 2021. Now this support worked as resistance since last two months which IOC was trying to break. Today it was also broke & closing is on above the resistance Level.
Follow THE DECISIVE because WE HELP YOU TO DECIDE!
This was just for educational purpose only & not recommending to BUY/SELL of any Script.
IOC - Trend line breakoutPrice rejecting from the trend line consecutively from the top and now in the lower time frame a triangle pattern was formed and it is ready to break bother the trend line and the triangle. . .
Todays limit reached - I cant post anymore chart till tomorrow.
Almost all the stocks are at the edge of breakout after forming a pattern, second wave in India has nothing to do with market. So if you trying to short the market have a cover !!!
Accumulate IOC For RAPID GAIN, #BULLISH VOLUMEBUY IOC with Stop-loss of 86 in cash. All targets are mentioned on chart. Volume seems to be bullish.
IOCNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
IOC : Ready to flyFor Education only
IOC : Ready to fly. We may see good up move in next 2-3 weeks with support of 88 on closing basis
IOC analysis for short term💥all studies explained in the chart
forming ascending triangle
also 3 year of downtrend channel,making lower low's and lower high's.
102-105 acting as a major resistance.
there is chance to touch once again the trendline support then can a breakout.
study guys🙏🙏
like🔹comment🔹support🥰
AFTER CONTINIOUS FALL FROM 2017 IOC MAKING HIGHER HIGHS 1ST TIMEAFTER THE CONTINIOUS FALL FROM 2017 IOC MAKING HIGHER HIGHS AND HIGHER LOWS FOR THE FIRST TIME IN DAILY AND WEEKLY TIME FRAME CMP 95 TARGET 105 IF BREAKS 105 THEN GOOD FOR LONG TERM INVESTORS .IF BREAKS TRENDLINE ON THE DOWNSIDE THEN BEARISH. PLEASE LET ME KNOW HOW GOOD IS THE ANALYSIS IN COMMENT SECTION.
