Positional/ swing trade. Ioc is exactly at its support. We can buy this stock for the target of 116. Keep a strict SL of 105. I think tomorrow it should give breakout.
IOC trade ideas
IOCL Follow elliott wave patternnow iocl starts to fall elliott fourth correction wave its time to short, this correction wave continue up to 95 rupee is possibilities are their
Note: its for education purpose only investment is your self risk
25 June 2021 - IOC Short level to level playIOC deviated above range high. Targeting range lows with a 'Mustard hold level' to hold to continue HTF bullish outlook
Cash : Breakout Pattern in IOCPrice 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.
IOC LONGTAKE LONGS IN IOC AT CMP AROUND 110. TARGETS 116-122-124. STOP LOSS AT 107. TIME FRAME 1-2 WEEKS.
IOC Long investment IOC shorterm Investment Stoploss : 82 NSE:IOC
Short Term Target: 150-160
Longterm Target: 200-220
Disclaimer: The view is for study purpose only, I am not a SEBI registered person please contact your financial advisor before investing.
Buy and hold IOC for good ReturnsA breakout happens after a month. It can move further if today's results are positive. So one can enter after the results.
IOC multi years trendline breaks#IOC
1W
Multi years trendline breaks
Buy only when daily candle close above 105
Entry bni to targets baad m
Keep under radar
#Chartview
