Why to choose: aim for long term
1. 3 years high breakout,
2. Cup and handle pattern,
3. Very good Volume
4. Stock is at 0.88 times its book value
5. maintaining a healthy dividend payout of 46.4%
Thanks for date Rider Telugu and other Masters.
This is only for educational purpose please consult your financial advisor before investing your hard earned money.
NSE:IOC
cmp is 98
this kind of setup is worth studying to make awesome gains
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to...
The company declared a divided of 5 per share on the 31st oct. The huge divided attracted the retail investors, rise in volume clearly shows the same. According to Elliott this was the c wave of B. Since c is equal to a, the wave B is complete to me. Hence booking profits here will be a rational decision.
BUY - INDIAN OIL CORP
CMP - Rs. 99
Target - 1: Rs. 114
Target - 2: Rs. 137
Target - 3: Rs. 150
.
Timeframe - 3 months - 8 months
.
Technicals - Cup and Handle Pattern Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
IOC is looking good on daily time frame. Stock is trading near breakout levels. Can expect 3 digit+ soon. Company has also declared interim dividend of Rs 5.
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Falling Broadning Pattern
📌 Symbol/Asset: IOC
🔍 Description: Stock is between the range of falling broadning channel. We can see momentum after braekout.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider...
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadning Pattern
📌 Symbol/Asset: IOC
🔍 Description: Stock is making broadning pattern. and its around the support.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting...
Chart is self explanatory and detailed.
4th wave in progress should go to max 50% retracement line. As wave 2 was flat this could be zig zag correction.
Fundamentals are good and also good for long term investment.
Hydrogen manufacturing stock.
Buy - 96
Target - 100.5 / 105 / 108
Long term 200+
SL - 84
Long term no SL.
📊 Details
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 &...
IOC near resistance breakout within channel, RSI holding above 70, MACD can turn positive within 2 days, if it turns negative then bearish possible, currently stock moving within channel so expecting upside, If it moves up it will also be a Bollinger channel breakout
this analysis is for educational purposes only, please trade based on your own stock and risk assessment
![IOC: IOC Attempted BO [Weekly]](https://s3.tradingview.com/0/0OJQUYv3_mid.png "IOC Attempted BO [Weekly]")
