BullFO

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
24 Fri Sep 117.25 118.00 118.95 116.00 79.23 lakhs
23 Thu Sep 118.00 117.00 118.65 116.80 89.28 lakhs
22 Wed Sep 116.45 115.05 116.80 115.05 78.35 lakhs
21 Tue Sep 115.00 114.55 115.65 113.35 93.81 lakhs
20 Mon Sep 114.60 116.50 117.70 114.40 91.71 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 116.9, but if it comes below 116.9, then a intra day sell could be more profitable.
If you take a sell trade below 116.9, then use 116.9 as stoploss and 113.53 as target. However if you take a buy trade in stock , then use 116.9 as stoploss and 121 as target.

  • Daily Price action analysis of IOC based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

  • 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 118.15 as on 27 Mon Sep 12:00

Day open is at 118.15, day high is at 118.85, day low is at 117.65, and day volume is at 1080.75 lakhs so far.

First 15 minute high low range is 117.65 - 118.80

First hour high low range is 117.65 - 118.85

Date Intraday Price Open High Low Volume
27 Mon Sep 12:00 118.15 118.15 118.85 117.65 5103538
27 Mon Sep 11:55 118.20 118.15 118.85 117.65 4994757
27 Mon Sep 11:50 118.20 118.15 118.85 117.65 4907515
27 Mon Sep 11:45 118.10 118.15 118.85 117.65 4843412
27 Mon Sep 11:40 118.00 118.15 118.85 117.65 4756376
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: 118.23 or 117.05
  • Upside target: 118.8
  • Downside target : 116.5
  • Second Upside target: 118.1
  • Second Downside target : 115.15

Indian Oil (IOC) weekly technical analysis

Date Weekly Close Open Range Volume
24 Fri Sep 117.25 116.50 113.35
118.95
432.369 lakhs
17 Fri Sep 118.25 112.80 112.50
119.45
794.553 lakhs
09 Thu Sep 112.80 113.75 110.70
114.65
367.725 lakhs
03 Fri Sep 113.10 106.40 106.10
113.50
737.322 lakhs
27 Fri Aug 105.95 104.90 102.20
106.95
399.187 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 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 (IOC) Monthly technical analysis

Date Monthly Close Open Range Volume
24 Fri Sep 117.25 111.00 109.00
119.45
1980.465 lakhs
31 Tue Aug 110.85 104.50 101.90
111.30
2379.041 lakhs
30 Fri Jul 103.15 107.90 102.90
109.75
1959.761 lakhs
30 Wed Jun 107.90 109.50 107.60
117.85
3146.472 lakhs
31 Mon May 109.25 89.85 89.55
113.70
7279.017 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 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.

Monthly 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 Daily stock price targets

  • Upside daily target: 120.1
  • Downside daily target: 114.18

Indian Oil Weekly stock price targets

  • Upside weekly target: 122.33
  • Downside weekly target: 115.38
  • Downside weekly target: 109.78
  • Downside weekly target: 104.44

Indian Oil Monthly stock price targets

  • Upside monthly target: 123.58
  • Downside monthly target: 116.29
  • Downside monthly target: 110.24
  • Downside monthly target: 104.68
  • Downside monthly target: 99.6
  • Downside monthly target: 94.26
  • Downside monthly target: 89.51
  • Downside monthly target: 83.53

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 losing momentum.

MACD generated a BUY signal for Indian Oil in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indian Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Indian Oil in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 116.82 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.

Related companies

Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts

chart IOC