IOC trade ideas
Indian Oil Corporation Date 21.07.2024
IOC
Time frame : Day chart
Key notes & points mentioned in the chart
IOC LTD -Trend BreakoutIOC LTD -Trend Breakout
Disclaimer:-
This is only for educational purposes. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.
IOCIOC is going for a breakout. Buy Hold for long term.
Dont forget to put SL 153 below.
Even if it go below current level need to hold and buy more.
All details mentioned in the graph.
*Investing in market is subjected to market risk do own analysis before investing.
# India oil corporation • Resistance and support trade line break out in stock analysis
• iOS stock analysis educational purpose
• Stock is Bidirectional stock up& down side
move is posible
• High posible selling stock direction
Medium term trading opportunity in IOC for huge upsideHi,
NSE:IOC has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
IOC -long for 20 %decent valuation
price is above all EMA
shorter EMA s are stacked above longer EMAs
pole and flag BO
target and sl marked
IOC Is good buy zone see the level and buy 165 he stock is coming to test it's weekly support level zone.
A weekly closing above 165 can bring more bullish momentum.
This is not a BUY/SELL recommendation.
This idea is for EDUCATIONAL purpose only.
Study & Earn
IOC, Technical OutlookAfter the break of structure the price has been trading in the negative zone. The breakdown of 164 could open the levels of 161. But the range of 164 to 161.40 could also act as a strong support zone. But the probability of a negative move is high.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
BO in IOC - Flag pattern BOIOC has announced a Dividend of Rs.7/- i.e 4% at the CMP
1. Price is reversing from 0.618 levels in the weekly timeframe
2. Strong support (7yrs) at 149-156 levels and also 50EMA line.
Do your own research and risk management. Disclaimer: Holding position in company
Time to Ride 5th Wave in IOC ?Wave 4 of an impulse was recently finished by IOC. It's probable that we're in the minor 5th wave and major wave 3 right now. Additionally, it displays a high-volume gap that corresponds to wave 3's personality. How should our trading strategy be planned?
Adding 50% of positions at the present level and the remaining 50% at the next dip or when the next bullish momentum candlestick forms would be a good plan.
Stop loss and target levels are clearly marked on the chart for reference.
Please note that the information presented in this analysis is intended for educational purposes only. It is highly recommended to seek advice from a financial advisor before making any investment decisions. I cannot be held accountable for any financial losses that may arise
Indian Oil Corporation analyasis on 2 Jun 24Indian Oil Corporation analyasis on 2 Jun 24
Stock is above all moving averages
positive supertrend
break after 2017 and retest done near 155 - 160
keep stoploss 140 (oon closing basis)
deep stoploss 120
target 160 - 170 - 180 -190 - 200 - 225
breakout retest target 255
IOC, Technical OutlookThe price is following a negative trajectory and the structure looks weak.
The breakdown of 164.25 could open the levels of 154.75 which is about 6% from the breakdown level. Wait for the trend to begin.
Disclaimer :This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
IOC, Swing Trade SetupThe price is following the uptrend with High High and High Low.
A swing trade can be planned here.
All details are marked on the chart.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
@IOC Swing Opportunity- 3 Months Of consolidated
- Ready to Break the Trendline
- Can Expect the rally till ATH
IOC Expecting a Breakout
Swing upside Target 174 from CMP
Note: This is just a view and not a recommendation
IOC Symmetrical Triangle Breakout | Swing Trade Hi trader
This is Indian oil corporation Triangle Breakout.
This is my favourite setup for positional trade.
Note - Only for Education Purpose.
IOC INTRADAY TO SWINGIOC 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 traded it
Thankyou
IOCReason 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 position in the Oil refining & petroleum marketing sector of India.
IOC + BPCL + HPCLOil Marketing Companies are ready for new Run as Crude Oil Price down... for next Quarter.
Short Trade in IOCAfter 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 NEAR CONSOLIDATION BREAK OUT 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. High increase in 12 month (+117.1%)
8. Promoter holding 51.51%
9. Pledged percentage 0.00 %
10. Change in Prom Hold 0.00%
11. FII holding 8.49 %
12. Chg in FII Hold -0.35 %
13. DII holding 10.2 %
14. Chg in DII Hold 0.33 %
15. Stock PE 5.33
16. Industry PE 7.89
17. ROCE 8.09 %
18. ROE 7.17 %
For Educational Purpose Only
