IOC
My view on IOCIOC forming inverse head & shoulder pattern.Above 119.60 looking GOOD and tgt 121-122++ in very short term.Keeping on radar IOC 120 CE.
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
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 :)
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
#CARBORUNIV CARBORUNIV #trading #candlesticks #invest #money #it#CARBORUNIV
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Carborundum Universal Ltd.
NSE:CARBORUNIV
NSE:CARBORUNIV
CMP: 910.70
Target: >1200
Time Frame: < 3 months
SL: 807
RR Ratio: > 3
INVEST & HOLD
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 Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
ioc in bull trend trade like setuped
book profit as estimated
oil profit will be high at the next Quater
IOC : BO with good volumesIOC : BO after consolidation - with good volumes.
With SL - 107 - we can go long - with next immediate target 116 and then 121.
Add to watchlist and trade only after own study and research.
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.
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.
IOCIOC looks too good for long-term forming ABCDPATTERN Target could be 220 add more at 75 stoploss will be 70
From funda side IOC is the second biggest player( if I'm not wrong) in ethanol production and allocated some funds for expanding it . And govt is taking initiatives for producing Ethanol as an alternative to gasoline .so IOC could benefit from it .
IOC BUY CALL, Simple Price Action - Uptrend ChartIOC has been making a good price action chart since 1 and half month. The bottom line being Buy Time and the upper line Sell Time. Seeing the trend Short Term target set as Rs. 106 and if breaks out that then no bounds for it.
A good stock at a correct buy price. BUY BUY BUY.
REVERSAL IN IOC ?1. Stock has made double bottom about 71.50 and broke out the neckline in JAN then corrected to 200EMA, it again made the same highs after which dividend of 7.50 was declared.
2. Price may reverse from these levels as volumes are also draining.
3. Initiate Long @92.55-94
Target @102
SL @90
1Lot = 6500
