IOC...OH..I see this tradeCorny jokes aside...Buy this head and shoulders pattern breakout....tgt entry stop.from top down
IOC trade ideas
IOC IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
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
#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.
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
IOCNSE:IOC
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
