IOC buy for intraday tradingIOC buy for intraday trading if stock break the given resistence area.........
IOC trade ideas
IOC : Channel trading pattern : Resistacne @ 129 Can test 112 IOC after a breakout of the bull flag pattern has trading near the resistance of 129 and is in Channel trading pattern in ong term.
Sustain trading above 129 will bring further positive target of 139 - 149 immidiately where as failing to cross 129 can bring prices back to 112 on lower side
Sell CMP @ 127.8 and below 127, with stop loss of 129 on closing basis with tgt of 120 - 112
Buy above 129 on closing basis with stop loss @ 124 with tgt of 139 - 149
Indian Oil Corporation Limited, #IOC Indian Oil Corporation Limited, d/b/a IndianOil, is an Indian government owned oil and gas explorer and producer. It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India headquartered in New Delhi. Wikipedia
Founded: 30 June 1959
Headquarters: New Delhi
Number of employees: 31,648 (2021)
Revenue: 3.83 lakh crores INR (US$54 billion, 2021)
Subsidiaries: Chennai Petroleum Corporation Limited, Lanka IOC
IOC#IOC
Daily Chart Flat Break Out @ 128 today.
Next hurdle near 130.
Weekly MACD +ve crossover above 0, weekly RSI 60.
#IOCIOC-CMP 99.2 Stock is taking support at 50 Dema, Previously also taken support at 50 Dema and bounced back, but this time SRS is also above 0 Line and ARS is also near 0 Line, However, Right now major Resistance level is 107-109,we expect to break this time with volume then the stock will touch 120 and then 135. stop loss should be 89 on closing basis.
ITC Chart patternLooks likes a good chart pattern
Wait for the retracement and then make ur calls
Target price=136++
Indian Oil Corp BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 1.5:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Indian Oil Corporation Ltd - 08.03.2022Indian Oil Corporation Ltd - 08.03.2022
The stock is trading @ 117 levels
There is a HAMMER in Daily Chart
The prices are at EMA
Watch out for the price actions
trendline support in indian oil corporationoil price and oil sector is also rising
buy and trade with stop loss
IOC - Short!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!
IOC great buying opporunity????????!!!!!!!after staying around the support level it has given DOUBLE BOTTOM and started to go upside.but it is taking resistance from the trend line. so if it is breaking the trend line we should wait for retest and then on confirmation with a smaller stop loss we can go long. again this is just for an educational purpose this is not sure shot forecast so please do your own analysis before taking trade,hope it will help you understand market behavior. thanks :)
#IOCLIndian Oil Corp. Ltd. is a holding company, which engages in refining, pipeline transportation, and marketing of petroleum products. It also explores and produces crude oil and gas; and markets natural gas and petrochemicals. It operates through the following business segments: Petroleum Products, Petro-Chemicals, and Other Businesses. The Other Businesses segment covers the sale of gas, explosives, and cryogenics; wins mill and solar power generation; and oil and gas exploration activities. The company was founded on June 30, 1959 and is headquartered in New Delhi, India. BCS:IOCL NSE:IOC
IOCL Dividend Stock Analysis1. Price corrected by 13 % in last one month
2. crucial support zone
3. support of trend line
4. Divergence Class C
5. Nice dividend stocks
6. buy 30% at current levels
Bearish View on IOCSince it has given a break-out and Technical Indicator Such as Fisher Transform and Parabolic SAR both have given a bearish signal regarding this stock.
"Above Idea is for study purpose only, Please Consult your Financial Advisor before taking any position".
IOCNSE:IOC
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IOC at very good demand zoneioc is in weekly demand zone and 4th wave is impulsive wave is about to end
hence, one can plan a long trade with risk management marked in chart
IOC in demand with shark and cypherIOC has shark and cypher in progress in demand zone with RSI positive divergence.
IOC - Trading PlanI am expecting a Flag and then a shart raise when it break the fall. 115 -120 Levels can be seen if the flag is validated
Below 90 levels this analysis in invalidated
