IOC Nice breakout in higher timeframe. It showing Inverted head and shoulder pattern also. Up coming days we expect target as blue area.
IOC is Good For Buy Now @ Current Price or Buy @ Retest Level 92 to 93 Level WIth Stop loss Level @ 86
IOC attempted BO last week with good volume. Keep an eye out on this for the next week to see if daily volumes spike up near the BO point.
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...
92 level seems to be new support level for IOC. Trading on support IOC . NSE:IOC
📈 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.
#IOC Cash -Positional call 10.09.2023 Flag pattern in formation Looks good above 95.10 and add more above 100.10 Stoploss 88 Tgt 124+++ Cmp 93
📊 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 &...
IOCL has recently given breakout and retest the same zone. Keep on radar. OMC sector is showing strength.
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: TWO STEP PATTERN Levels mentioned on chart. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading
IOC is respecting the trendline on daily basis. A close above 94 or 95 can take this to 100 where it will again find resistance at 101.
IOC breaks previous swing high and is heading towards previous swing highs as potential targets on upside.