Indian Oil Weekly BreakoutPrice consolidated for nearly 2 years .
Finally gave breakout and retested the same area.
Price target :- 20 to 30% minimum.
IOC trade ideas
IOC for a SpikeGood Reversal is possible in IOC, as it is recovering slowly and seems to be heading towards 98-odd levels in a week or 2.
inside bar candle formation inside bar candle trade pattern
above 101 buy
below 98.60 closing sell
below this level sell
IOC looks goodOne can look at IOC for long at CMP Rs. 93.25 Good price action and volume is seen.
Kindly consult your equity advisor or do your own research before buying. Sharing above only for educational purpose.
Inverted Head & Shoulder pattern in #IOCHello Viewers,
In #IOC inverted head and shoulder pattern forming.
1st target can be :- 113
2nd target can be :- 142
#longterm NSE:IOC
#ioc
Educational purpose only
IOC - Indian Oil Corporation Based on Monthly chart pattern, we can expect initially a tgt between 106 - 113 and the next zone of 146 - 150.
So accumulate slowly from cmp 92 & down till 70.
Patience is important.
Note: This view shared is for learning purpose. Do your analysis from your side too.
IOC could burst into an upward move.IOC has formed a bullish structure on the weekly chart. A crucial aspect is a weekly RSI close above 60. It is also about to break out from a down trending line. A long position could be considered keeping the following levels in mind:
LONG ABOVE: 81.55
STOP LOSS: 77.95
TARGET 1: 85.15
TARGET 2: 88.75
Please do wait for at least a 15 min candle close above the "LONG ABOVE " level before initiating the trade.
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INTRADY IDEA ON 12-04-2023long and short trade after retest of breakout and breakdown of the triangle pattren, this content is for educational and learning purposes only.
Indian Oil Corp (IOC)IOC - Elliott Wave View.
The stock is currently correcting and will likely go higher in wave 3.
IOC 4H NSE:IOC
Above 81 can buy because this is the retracement for upside.
if it behaves like fake breakout then can go near 75.
following the parallel channel.
wait for upside but go after retracement.
#IOC looking good @ 9 mar 23#IOC...
Intraday as well as swing trade
All levels given in charts
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this
We take trade only when it activates...
IOC CHART
THE IDEA WILL BE ONLY FOR STUDY PURPOSE .
wait for the breakout till then keep your eye on the stock .
IOC trendline breakoutIOC good to go long if it breaks the trendline and sustains above 104 with the target 118.
IOC in uptrendIf Breaks the trendline then
TARGET 85 -90 and if sustains at 90 then price can go upto 94
