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2021 Indian Oil (IOC) technical analysis [forecast] stock price targets

Indian Oil technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Indian Oil deals in Oil Marketing & Distribution Indian Oil option chain analysis

Date Close Open High Low Volume
15 Tue Jun 115.75 114.55 116.40 114.55 124.78 lakhs
14 Mon Jun 114.75 115.25 115.70 112.50 106.51 lakhs
11 Fri Jun 115.10 116.40 117.35 114.40 150.96 lakhs
10 Thu Jun 115.95 115.50 116.50 115.20 129.75 lakhs
09 Wed Jun 114.95 117.10 117.85 114.50 210.14 lakhs
IOC chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 115.2, but if it comes below 115.2, then a intra day sell could be more profitable.
If you take a sell trade below 115.2, then use 115.2 as stoploss and 111.65 as target. However if you take a buy trade in stock , then use 115.2 as stoploss and 119.5 as target.

  • Daily Price action analysis of IOC based on a short term time period is

  • Daily Price action analysis of IOC based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

  • Daily Price action analysis of IOC based on a mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Intraday technical analysis of Indian Oil

Stock is trading at 115.75 as on 15 Tue Jun 15:34

Day open is at 114.55, day high is at 116.40, day low is at 114.55, and day volume is at 5499.06 lakhs so far.

First 15 minute high low range is 114.55 - 115.35

First hour high low range is 114.55 - 115.60

Date Intraday Price Open High Low Volume
15 Tue Jun 15:34 115.75 114.55 116.40 114.55 12468503
15 Tue Jun 15:30 115.80 114.55 116.40 114.55 12468503
15 Tue Jun 15:25 115.75 114.55 116.40 114.55 12276548
15 Tue Jun 15:20 115.90 114.55 116.40 114.55 11923970
15 Tue Jun 15:15 115.80 114.55 116.40 114.55 11468813
Intraday IOC chart

Trend of Indian Oil is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Indian Oil (IOC) intraday stock price targets

  • EntEntry: 114.95 or 115.775
  • Upside target: 115.35
  • Downside target : 113.75
  • Second Upside target: 117
  • Second Downside target : 115.15

Indian Oil (IOC) weekly technical analysis

Date Weekly Close Open Range Volume
15 Tue Jun 115.75 115.25 112.50
116.40
231.289 lakhs
11 Fri Jun 115.10 114.85 113.35
117.85
910.813 lakhs
04 Fri Jun 114.60 110.00 108.35
114.95
1019.994 lakhs
28 Fri May 109.85 105.00 105.00
113.70
2254.807 lakhs
21 Fri May 104.30 101.65 100.10
109.70
2246.945 lakhs
weekly IOC chart

Weekly forecast of Indian Oil is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Indian Oil based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Weekly Price action analysis of Indian Oil based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Indian Oil (IOC) Monthly technical analysis

Date Monthly Close Open Range Volume
15 Tue Jun 115.75 109.50 109.05
117.85
1979.907 lakhs
31 Mon May 109.25 89.85 89.55
113.70
7279.017 lakhs
30 Fri Apr 90.85 92.00 86.75
93.70
2464.037 lakhs
31 Wed Mar 91.85 101.00 90.10
105.00
5460.251 lakhs
26 Fri Feb 98.05 95.80 93.40
104.60
7152.627 lakhs
monthly IOC chart

Monthly forecast of Indian Oil is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Indian Oil based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Monthly Price action analysis of Indian Oil based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Indian Oil Daily stock price targets

  • Upside daily target: 119.18
  • Downside daily target: 113.5

Indian Oil Weekly stock price targets

  • Upside weekly target: 118.73
  • Downside weekly target: 111.8
  • Downside weekly target: 105.95
  • Downside weekly target: 98.13
  • Downside weekly target: 92.85
  • Downside weekly target: 87.45

Indian Oil Monthly stock price targets

  • Upside monthly target: 123.55
  • Downside monthly target: 115.13
  • Downside monthly target: 106.93
  • Downside monthly target: 100.93
  • Downside monthly target: 95.73
  • Downside monthly target: 89.51
  • Downside monthly target: 84.95
  • Downside monthly target: 80.73
  • Downside monthly target: 76.5
  • Downside monthly target: 65.3

Indian Oil (IOC) indicators technical analysis

Price action analysis of Indian Oil (IOC) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Indian Oil stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Indian Oil in short term but the sell signal is initial and weak.

Indian Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indian Oil in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Indian Oil is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 114.53 and Indian Oil IOC stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Indian Oil IOC stock. Volume based technical analysis of Indian Oil IOC stock is negative.

Indian Oil Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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