Awaiting Breakout Opportunity: Monitoring for a potential breakout. Good Volume Support: Healthy trading volume backing the move.
Indian Oil Corporation Limited looks ready for breakout. As of now, stock has been under consolidation just above Previous ATH levels and forming a bullish MA formation along with nice volume breakout. SL can be of 5% (candle closing basis) with targets of ₹217 levels. First target can be of ₹196. Do your own research before investing as this is just the stock...
Staying above 50 DMA is a good sign for LIOC. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content...
Identified a bullish breakout on the flag formed. Here we expect a continuation in the rally back towards the previous high formed close to 192+
IOC has seen a consolidation on DTF (bullish pennant) after almost a consolidation of more than 60 days. Confirmation to be given on break of structure. The company has a upwards of 500% increase in EPS QoQ growth for the last 3 quarters and increase in institutional interest. Good for swing traders. Can expect an upward momentum of a min of 10-15%. Targets...
SUPPLY ZONE BREAKOUT IN OCT 2023 But i suggested this stock on 12th Nov 2023 at 100 level Entered at 100 Targets - 110,120,130,150+ 3 TARGETS COMPLETED IN JUST 45 DAYS.... GIVEN 35 POINTS (35%) RETURNS CMP - 129.85 Re-entry possible at 120 levels... if again falls than average at 110 level @Jagadheesh_JP In this channel, I share my expertise in trading...
if holding @105 no need to exit also if want fresh buy can consider with sl @103 today all omc moving higher so expecting some news.
GULFPETRO 48.70 TGT 63 SL 43 RR > 2.5 RETURN ~30% TF < 6M NSE:GULFPETRO Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge...
IOC (Swing): A 75-100% up move is on the cards for swing. Keep adding in chunks while script ranges around 75-85. Appropriate resistances are highlighted. As this is weekly chart, target can be attained over 6 months. Note: Do your own due diligence before taking any action. I would be posting updates for this chart in the comments sections as time...
#PETRONET 238 Breakout at ATH and Retested TGT 275 and open for above SL Not Applicable Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong....
Indian Oil Corporation Ltd. is a diversified, integrated energy major with presence in almost all the streams of oil, gas, petrochemicals and alternative energy sources. The company owns over 36,445 Fuel Stations across India. Indian Oil Corporation CMP is 92.60. The Negative aspects of the company are declining annual net profit, declining cash from operations...
EASEMYTRIP 44.70 NSE:EASEMYTRIP TARGET 58 SL 38 RR >2 TF <6 Months Return ~30% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong....
Entry Point: 120 to 130 Profit Target: 180-200 Stop-Loss: 110 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on...
Hello 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 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...
IOC - Elliott Wave View. The stock is currently correcting and will likely go higher in wave 3.
This is my vie on India Oil Corporation . . . Please observe this Chart . . .
Indian oil looks bullish untill the trendline if in global market cruideoil more fall then this stock can gain more