rejection from top band, indecision, price might return to center...
we can go for entry when it reaches 93 , target will be 94 and 96
CONTINUATION OF PATTERN, LONG IOC STOP LOSS 92.55 FOR TARGET OF 96 98 101 103
BUY IOC ABOVE 87.6 FOR TARGET T1 90.4 T2 92.35 T3 93.7
i m expecting to see strength if 90.6 is triggered rightaway tomorrow!
Short Term Cash Buy IOC @ 93 - 93.50 SL 90.70 TGT 98 TK cross over at 87 so not much rally from there on. MACD indicates bullish momentum
20 JULY 2020 INSTRUMENT: INDIAN OIL CORPORATION. TIMEFRAME: POSITIONAL. CHART ANALYSIS: INDIAN OIL CORPORATION HAS A HAMMER FORMATION ON 16 JULY 2020 AND 17 JULY CONFIRMED A BULLISH SIGNAL. INDIAN OIL CORPORATION IS IN SIDEWAYS FROM 01 JUNE 2020 AND IS STILL WITHIN THE RANGE IT HAS BEEN IN A PRICE RANGE 91.90 TO 83.80. TRADE IDEA: BUY ABOVE 94.90 INDIAN OIL...
NSE:IOC Keep a watch on this one, its acting stubborn, tried to break its support 83.50 and reversed above it, if it manages to break it ll show a downside till 78. ********************************************************************************************************************************************** Hi all, Its pleasure to have you all here. I have...
LONG IOC FOR AT CURRENT PRICE FROM 87 TO 87.50 FOR TARGET OF 94 & 96
IOC Short position Below 84.30 target Below side 80-77-75 IOC Only for Buy Above 88.5 target 90-92-95 trade with given level.
IOCL is at good level forming triangle pttern and consolidating at that level. Keep an eye for breakout. The candle is bearish but it will show a breakout I believe. Just keep an eye.
IOCL FOR 95 IF CLOSE ABOVE 90.5 ON MONDAY
if it breaks the down trend line then a bullish momentum expected
This is a perfect stock that respects fibonacci retracement levels. 90 is a very strong resistance and all the fibo levels are respected greatly and hence I feel that its good to stay away until breakout happens.
If resistance broken has been created in past couple of weeks can enter in long position