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...
Indian OIl share daily time frame analysis this stock upside impulse wave 1,2,3,4 or 5 Wave 1,3or 5 Impulse and clear count sub wave Wave 2 or 4 Corrective Wave and clear count sub A,B,C,D OR E triangle correction
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.
Ioc is breaking trend line of daily and weekly time frame may be continue rally this week
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Closed the position @104.05 on 07/11/2023. Booked a profit of about 17.31% of the capital involved. This was a clean trade that moved perfectly according to the plan. Price may make a further rally upwards for about 8%. But there are chances for that move to be pretty corrective and the downside risk is also high. So as of now booking profit is the most...
The stock has been making clean impulse moves from oct 2022 and seems to have completed the wave 4 structure. The 5th wave for the stock should be beginning shortly which can drive the stock up nearly 12-17%. With one of its peers(BPCL) already announcing a mega result (both Q-o-Q and Y-o-Y), something similar could be expected from this stock as well which could...
Pleasure to have you here. This is an investment analysis done for the Tickr, and potential in the Technicals. In this Daily Chart , the chart has been slightly in uptrend and as soon as it crosses its resistance, we will decide to make a position in the stock, if you like the idea please like the post :) It will be a motivation to further such ideas. Disclaimer...
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
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...
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...
IOC has been in an Inverted H&S pattern formation since March 2018 which it completed in July 2023. Inverted H&S patterns often implicate a bullish run post pattern breakout and they become crucial specially when the pattern is in formation phase for dew years. IOC replicates a similar view and the stock has given a breakout in May 2023. The run still continues...
Price consolidated for nearly 2 years . Finally gave breakout and retested the same area. Price target :- 20 to 30% minimum.
Good Reversal is possible in IOC, as it is recovering slowly and seems to be heading towards 98-odd levels in a week or 2.
inside bar candle trade pattern above 101 buy below 98.60 closing sell below this level sell
IOC chart weekly, if it breaks here then it will be better for fresh entry
One can look at IOC for long at CMP Rs. 93.25 Good price action and volume is seen. Kindly consult your equity advisor or do your own research before buying. Sharing above only for educational purpose.