IOC trade ideas
IOCL Analysis!Symmetric Triangle Formation in IOCL
IOCL Daily Analysis
IOCL has made Symmetric Triangle Pattern on Daily Timeframe
Trade Initiation - Kinldy wait for Breakout / Breakdown as Symmetric Triangle is considered as Continuation pattern so after Breakout / Breakdown price may move in one direction only.
Will publish important levels in IOCL after Breakout / Breakdown .TIll then wait.
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2)Do your own research and analysis 3)Define your Risk to Reward ratio 3)Don't trade with full capital
IOC - Add to WatchlistIndian Oil Corporation Limited is engaged in refining business. The Company's segments include Sale of Petroleum Products, Sale of Petrochemicals and Other businesses.
TTM EPS: 17.36
TTM PE: 5.43
P/B: 1.00
Mkt Cap (Rs. Cr.): 133,022
Dividend Yield: 3.19
Sector PE: 30.01
Book Value Per Share: 94.73
Some Positives:
Strong Momentum: Price above short, medium and long term moving averages
Growth in Net Profit with increasing Profit Margin (QoQ)
Increasing profits every quarter for the past 3 quarters
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Recent Results : Growth in Operating Profit with increase in operating margins (YoY)
Some Negatives:
MFs decreased their shareholding last quarter
Inefficient use of shareholder funds - ROE declining in the last 2 years
Declining Revenue every quarter for the past 4 quarters
Declining Net Cash Flow : Companies not able to generate net cash
My Opinion: I am positive on PSU Oil and Gas.
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
Indian Oil Corp - Double BottomDouble Bottom Breakout in counter on Monthly Basis
Take Entry 95-98
Target 1 - 109
Target 2 - 122
SL - 88
ioc - bulls losing control?ioc - 117 level has been tested almost 3 times- if it breaks below this- can lead to good fall and gain for the bears
#IOC: Beautiful trade set up1. Multiple reasons to go long
2. Cup & handle pattern
3. Triangle pattern
4. Reward is handsome of about 25% or so
5. Double bottom reversal pattern with neckline breakout
#IOC Looks like IOC has taken a good support at 38.2% Fibo level and is making a double bottom there on weekly charts.
Weekly RSI is still above 50, possibly giving a signal of the strength.
Pattern also looks like a CUP & Handle or a rounding bottom breakout and then a pullback in form of falling wedge.
Larger picture suggest a big rounding bottom under formation
IOC last move???It may be the last move before a big correction, expected to complete in short period. Keeping the SL tight is the trick to trade last moves. Trade with proper risk management. Good Luck. Market might gap up next day though.
ioc - short term trade on long sidewith market being on sideways. i took entry in ioc futures for a short term trend on long side
Multimonths Resistance zone breakout and pullback pattern in IOCHello Mates,
Guy's We have seen Neat & Clean Multi months Resistance zone breakout and Pull back pattern in IOC. On friday session it has given closing at 94 with the +2.51% of successfully upside, this is proper signal that this has respected the levels of breakout and now it is ready to fly in blue sky.
Important levels for IOC
Best entry point will be 95-93
Targets we can see in upside 101/107/115+
Keep stop loss at 85
Price is above 200-EMA, it shows a positive trend in near term.
About Company:-
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.
Market Cap
₹ 1,32,740 Cr.
Current Price
₹ 94.0
High / Low
₹ 101 / 65.2
Stock P/E
5.40
Book Value
₹ 98.9
Dividend Yield
3.19 %
ROCE
8.16 %
ROE
7.17 %
Face Value
₹ 10.0
Debt
₹ 1,48,977 Cr.
EPS
₹ 17.4
PEG Ratio
-0.36
Promoter holding
51.5 %
Intrinsic Value
₹ 312
Pledged percentage
0.00 %
EVEBITDA
5.18
PROS
Stock is trading at 0.95 times its book value
Company has been maintaining a healthy dividend payout of 46.4%
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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IOC LONG Looking Bullish gave cup and handle breakout in weekly time frame .One can go for long for the target of T1-109 & T2-120 with SL 70 .
IOC breakout after consolidation around 100 zoneIOC healthy consolidation breakout target ATH with 98 Stop loss
Resistance Breakout - IOCPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
IOC: 3 years high breakout with cup and handle patternWhy 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.
IOC - nice setup worth studyingNSE: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 determine whether my point of view aligns with yours.
A probable top need to be careful now!!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.
BREAKOUT, INDIAN OIL, 52% RETURNS!!!BUY - INDIAN OIL CORP
CMP - Rs. 99
Target - 1: Rs. 114
Target - 2: Rs. 137
Target - 3: Rs. 150
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Timeframe - 3 months - 8 months
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Technicals - Cup and Handle Pattern Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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IOC-LongIOC 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 PriceIOC is Good For Buy Now @ Current Price
or Buy @ Retest Level 92 to 93 Level
WIth Stop loss Level @ 86
IOC Attempted BO [Weekly]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.
