Indian Oil Corporation Limited looks ready for breakout. As of now, stock has been under consolidation just above Previous ATH levels and forming a bullish MA formation along with nice volume breakout. SL can be of 5% (candle closing basis) with targets of ₹217 levels. First target can be of ₹196. Do your own research before investing as this is just the stock...
Good Morning Everyone, Here we can witness the fresh breakout on trendline where IOC can try to approach his life time high level again @ 196 level. Consider the following levels now: Breakout - 171 1st Target - 196 2nd Target - 220 Stoploss - 153 NOTE : Please consult your financial advisor before taking any trade on this recommendation
Identified a bullish breakout on the flag formed. Here we expect a continuation in the rally back towards the previous high formed close to 192+
#IOC looks great here as it is breaking out 30-40% move is possible in coming months. More so, If anyone is holding this for long-term, along with the upside, there is a good % that one can earn in terms of Dividend yield. In the past 12 months, Indian Oil Corporation Ltd. has declared an equity dividend amounting to Rs 8.00 per share. At the current share...
Indian Oil Corporation Ltd. is a diversified, integrated energy major with presence in almost all the streams of oil, gas, petrochemicals and alternative energy sources. The company owns over 36,445 Fuel Stations across India. Indian Oil Corporation CMP is 92.60. The Negative aspects of the company are declining annual net profit, declining cash from operations...
NSE:IOC is trading above major resistance of 69.00. My idea is to take entry at current level and wait for targets of 70.75 71.50 74.50 75.50 My stop loss will be 65. Note: This is my personal analysis, only for learning. Thanks.
Trend Line break and created a lower high. Sell IOC between 73-73 for target of at least 67. Stoploss will be above 76.
IOC - Short NSE:IOC BSE:IOC NSE:IOC1! IOC - 4hrs charts seems a bearish Trend. Refer to the Invalidation / Confirmation levels Educational Purpose Only!!! Always do analyze Before taking a position!
Iss Video me aap IOC me rounding bottom pattern ko complete hote huwe dekh skte h aur prive abhi ek crucial restance zone k pass h to aap apna analysis krein aur khud k conviction pe trade le. Trade lene se pehle apne advisor ko consult jrur krein.
Price action in IOC shows price breaking out on Weakly chart. Price also closed above its 20 periods moving average and RSI shows a break out of a falling trendline and a pop above 70. This shows the stock is gaining momentum on the upside. Buy around Rs 104-109 for a rally to Rs 118 and above that to Rs 130 over the next 2-3 weeks. Keep a stop below Rs 95.
1. Stock has made double bottom about 71.50 and broke out the neckline in JAN then corrected to 200EMA, it again made the same highs after which dividend of 7.50 was declared. 2. Price may reverse from these levels as volumes are also draining. 3. Initiate Long @92.55-94 Target @102 SL @90 1Lot = 6500
Observations : 1. Expanding channel contains 2 patterns, Head and Shoulder, Cup and Handle. 2. Breakout with increase in Volume 3. Strong momentum 4. Fundamentally strong deal Targets: T1 : 112 T2 : 125 Stoploss: 97
IN WEEKLY CHARTS IOC GIVE BREAKOUT . EVEN RSI IS AROUND 60 WHICH IS GOOD SIGN. A good trade in oil psu after long time
Hello There, Hope You all are fine and fit.. As you all aware we are sharing daily one stock analysation report here, Same you might book profit from our analysation.. This is short evaluataion For IOC.. Showing very bullish view on chart with all indicator in support, main thing volunme is increased after long time which was the postiive note of this script,...
Reason: 1. 3 Window formations 2. Strong refusal after Grave stone formation 3. 3rd window is closed today 4. Over Bought Entry : Current Price Stop Loss: 88.35 Exit 1st : 85.25 Exit 2nd :83.30 *Red line are Resistance *Green lines are Support
pink line is monthly support around 70 rupees. it is important to see this level when price hit this trend line support if price able to maintain this level than it can move upward to short term target 80 , 90 , 100 as relief rally ( corona crisis so it can repeat usoil rally too.) no oil consumption can lead this to 50 , 60 rupees zone. same as usoil contract...
price at support after that huge buying done in this stock we can see a short term target like 140 , 150 very soon need some some correction at 115 area . this are the thing you must aware of for this trade 1 ) price touching support again and again 2 ) head and shoulder like pattern -----------Head and Shoulder Pattern on daily chart or mostly rejection at...