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2022 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
25 Tue Jan 121.45 120.20 121.70 119.30 64.34 lakhs
24 Mon Jan 120.35 121.00 122.45 119.90 131.11 lakhs
21 Fri Jan 121.70 124.00 125.50 120.75 98.19 lakhs
20 Thu Jan 125.50 125.10 125.95 124.35 66.72 lakhs
19 Wed Jan 125.10 123.60 125.60 123.00 99.13 lakhs
IOC chart

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 123.4 as stoploss in an intra day sell trade for a target of 118.86. However, stock will show a bullish move above 123.4.

  • Daily Price action analysis of IOC based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

  • 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 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 120.85 as on 27 Thu Jan 10:25

Day open is at 120.90, day high is at 121.45, day low is at 119.80, and day volume is at 258.57 lakhs so far.

First 15 minute high low range is 119.80 - 120.90

First hour high low range is 119.80 - 121.30

Date Intraday Price Open High Low Volume
27 Thu Jan 10:25 120.85 120.90 121.45 119.80 2414543
27 Thu Jan 10:20 120.95 120.90 121.45 119.80 2326095
27 Thu Jan 10:15 121.00 120.90 121.45 119.80 2265179
27 Thu Jan 10:10 121.25 120.90 121.45 119.80 2205829
27 Thu Jan 10:05 121.30 120.90 121.45 119.80 2153793
Intraday IOC chart

Prices of Indian Oil are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Indian Oil (IOC) intraday stock price targets

  • EntEntry: 120.35 or 121.0375
  • Upside target: 120.9
  • Downside target : 118.7
  • Second Upside target: 122.78
  • Second Downside target : 120.38

Indian Oil (IOC) weekly technical analysis

Date Weekly Close Open Range Volume
25 Tue Jan 121.45 121.00 119.30
122.45
195.449 lakhs
21 Fri Jan 121.70 125.00 120.75
125.95
503.668 lakhs
14 Fri Jan 123.30 119.00 118.20
124.40
430.545 lakhs
07 Fri Jan 118.50 111.50 111.35
119.20
412.145 lakhs
31 Fri Dec 111.50 110.20 109.05
112.60
256.573 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 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 (IOC) Monthly technical analysis

Date Monthly Close Open Range Volume
25 Tue Jan 121.45 111.50 111.35
125.95
1541.807 lakhs
31 Fri Dec 111.50 119.65 108.15
123.35
2272.503 lakhs
30 Tue Nov 118.95 132.10 117.85
141.50
2188.762 lakhs
29 Fri Oct 127.95 125.65 125.00
140.00
2397.721 lakhs
30 Thu Sep 125.30 111.00 109.00
128.50
2602.181 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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: 126.65
  • Downside daily target: 120.38

Indian Oil Weekly stock price targets

  • Upside weekly target: 126.95
  • Downside weekly target: 120.75
  • Downside weekly target: 114.93
  • Downside weekly target: 108.13

Indian Oil Monthly stock price targets

  • Upside monthly target: 141.48
  • Upside monthly target: 133.24
  • Upside monthly target: 126.48
  • Downside monthly target: 117.43
  • Downside monthly target: 110.24
  • Downside monthly target: 104.68
  • Downside monthly target: 99.6
  • Downside monthly target: 92.28
  • Downside monthly target: 85.33

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Indian Oil in short term and the buy 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 getting stronger in this stock.

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 SELL signal for Indian Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 122.62 and Indian Oil IOC stock is trading below this level. This means that stock is falling with high volumes. 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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chart IOC