IOC trade ideas
IOC - BullishIOC CMP - 96.15
Looking bullish and range break out in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy at or Above 96 / Stop Loss 90
Target 1 - 98
Target 2 - 100
Target 3 - 102 / 105
For Options Lovers
Buy IOC 100 CE Jan contract at 2.50 / Stop Loss 1.90
Target 1 - 3.5
Target 2 - 4.5
Target 3 - 5.5
Disclaimer: This is my view and for educational purpose only.
IOC - Expanding channel, Cup and Handle breakoutObservations :
1. Expanding channel contains 2 patterns, Head and Shoulder, Cup and Handle.
2. Breakout with increase in Volume
3. Strong momentum
4. Fundamentally strong deal
Targets:
T1 : 112
T2 : 125
Stoploss: 97
IOC-Bullish-Can take a swing tradeIOC trend line is looking good and also seems to show a multi-year trendline breakout.
All the supports and resistances are given in the chart-Expected to reach 102 in the near term.
The disclaimer-The idea is completely based on my analysis, please go through your analysis before investing
Buy indian oil corporationIndian oil corporation buy with short term taregt of 113 and long term target of 225 now at 101rs
IOC long term viewIOC formed double bottom pattern.. buy on breakout target is more than double in long term... It's investment pick.
IOC - Double Bottom WeeklyIOC on verge of breaking trendline of double bottom on weekly TF. Retesting broken supply zone, Lets see how it reacts. Targets on chart...
DELIVERY TRADE BUY IOC ABOVE 96.80 TGT 120 SL 99.90IN WEEKLY CHARTS IOC GIVE BREAKOUT . EVEN RSI IS AROUND 60 WHICH IS GOOD SIGN. A good trade in oil psu after long time
IOC CMP 93.85IOC- CMP 93.85. It is bullish, if it closes above 95.5 then can go to 101.75, 108.6, 116.55 in short term. RSI touched support and turned bullish at close. MACD also bullish on daily charts. It is for educational purpose only.
