IOC trade ideas
Synergistic Pattern: Advance (W+Flag) + MA 100 + Trend-lineLevels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
Kindly like & share this pattern. Comment with what do you think.
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Early entry: 88
SL: 85
Target: 95
RR: 2.33
Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar,
PhD in Technology.
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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IOC is forming nice triangle pattern.IOC is forming nice triangle pattern. Will be good candidate if breakout happen with good volume.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
INDIAN OIL (IOC) Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
IOC - Inverse Head & Shoulder patternNote: This is for educational purpose only.
IOC seems to have made an Inverse Head & Shoulder pattern.
IOC - Clearshot downtrendThese are all just suggestions and only for educational purpose.
* IOC should slip down from today
* Not suggested to bet on upside
IOC Looking for IHNS: Long 89/86 SL 82 Target 10-15%IOC Looking for IHNS: Long 89/86 SL 82 Target 10-15%
IOC - Pattern break expected in the coming weekLook for long trades once the pattern breaks from the range, friday close was very strong indeed.
IOC BuyOne very interesting stock trading idea in F&O for next week is Indian Oil. Its in NR7 for 3 continuous days implying a range compression. The Q4 results are not out yet but as obvious from HP/BP results, at the operational level these will be in line. The govt has increased the Diesel/Petrol prices for 15 consecutive days which will provide a lot of Financial relief to the OMCs
IOC - 15%+ upsideVery nice breakout. May pullback to resistance level before zooming till 110.
Buy close to resistance.
Buying opportunity 28% upside..!!Chinese Double bottom formation in IOC 28% upside can be seen in short term.
Ticks:
1) Technically strong on chart.
2) fundamentally strong stock.
3) Lockdown opening in non-containment zones.
