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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
09 Fri Apr 91.70 92.80 92.95 91.30 102.97 lakhs
08 Thu Apr 92.95 93.00 93.70 92.50 127.83 lakhs
07 Wed Apr 92.70 91.15 92.90 91.15 137.43 lakhs
06 Tue Apr 91.15 90.90 91.85 90.45 110.4 lakhs
05 Mon Apr 90.75 93.00 93.00 90.05 171.83 lakhs
IOC chart

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 91.5 as stoploss in an intra day buy trade for a target of 95.36. However, stock will show a bearish move below 91.5.

  • 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

  • Daily Price action analysis of IOC based on a mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Intraday technical analysis of Indian Oil

Stock is trading at 87.65 as on 12 Mon Apr 11:30

Day open is at 90.10, day high is at 90.45, day low is at 87.25, and day volume is at 1962.26 lakhs so far.

First 15 minute high low range is 88.15 - 90.45

First hour high low range is 87.25 - 90.45

Date Intraday Price Open High Low Volume
12 Mon Apr 11:30 87.65 90.10 90.45 87.25 10374431
12 Mon Apr 11:25 87.70 90.10 90.45 87.25 10278922
12 Mon Apr 11:20 87.65 90.10 90.45 87.25 10141559
12 Mon Apr 11:15 87.60 90.10 90.45 87.25 10032789
12 Mon Apr 11:10 87.60 90.10 90.45 87.25 9858744
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: 89.3 or 91.8125
  • Upside target: 90.45
  • Downside target : 85.85
  • Second Upside target: 92.33
  • Second Downside target : 90.68

Indian Oil (IOC) weekly technical analysis

Date Weekly Close Open Range Volume
09 Fri Apr 91.70 93.00 90.05
93.70
650.466 lakhs
01 Thu Apr 93.15 91.00 90.10
93.35
489.31 lakhs
26 Fri Mar 90.90 99.65 90.45
99.80
1093.327 lakhs
19 Fri Mar 98.75 101.65 95.40
102.70
1039.936 lakhs
12 Fri Mar 101.30 102.25 98.70
105.00
1358.064 lakhs
weekly IOC chart

Weekly forecast of Indian Oil is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Indian Oil based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Weekly Price action analysis of Indian Oil based on a short to mid 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.

Indian Oil (IOC) Monthly technical analysis

Date Monthly Close Open Range Volume
09 Fri Apr 91.70 92.00 90.05
93.70
798.905 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
29 Fri Jan 93.25 91.30 90.25
103.90
5433.048 lakhs
31 Thu Dec 90.95 85.00 84.10
97.50
5760.292 lakhs
monthly IOC chart

Monthly forecast of Indian Oil is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Indian Oil 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.

Monthly Price action analysis of Indian Oil based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Indian Oil Daily stock price targets

  • Upside daily target: 94.33
  • Downside daily target: 88.93

Indian Oil Weekly stock price targets

  • Upside weekly target: 109.1
  • Upside weekly target: 103.43
  • Upside weekly target: 98.14
  • Upside weekly target: 93.43
  • Downside weekly target: 86

Indian Oil Monthly stock price targets

  • Upside monthly target: 106.93
  • Upside monthly target: 100.93
  • Upside monthly target: 95.73
  • Downside monthly target: 90.56
  • Downside monthly target: 85.48
  • 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Indian Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 91.64 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 falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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

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chart IOC