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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
21 Thu Jan 96.70 98.20 99.60 96.20 256.35 lakhs
20 Wed Jan 98.30 98.90 99.80 97.75 189.31 lakhs
19 Tue Jan 98.55 99.00 100.30 98.00 244.16 lakhs
18 Mon Jan 98.30 101.55 101.85 97.50 286 lakhs
15 Fri Jan 101.30 103.35 103.90 100.50 278.38 lakhs
IOC chart

My analysis of stock is bullish for shortterm, and stock might move up till 99.3 or till 103.8. Use a stoploss of 95.47 and if this stock hits its stoploss, then it can fall down till 91.69

  • 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 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 95.80 as on 22 Fri Jan 11:15

Day open is at 96.50, day high is at 97.35, day low is at 95.55, and day volume is at 894.03 lakhs so far.

First 15 minute high low range is 95.90 - 97.35

First hour high low range is 95.85 - 97.35

Date Intraday Price Open High Low Volume
22 Fri Jan 11:15 95.80 96.50 97.35 95.55 9346226
22 Fri Jan 11:10 95.80 96.50 97.35 95.70 9012549
22 Fri Jan 11:05 96.00 96.50 97.35 95.85 8425176
22 Fri Jan 11:00 96.40 96.50 97.35 95.90 7686965
22 Fri Jan 10:55 96.75 96.50 97.35 95.90 7365308
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: 96.63 or 97.175
  • Upside target: 97.35
  • Downside target : 94.45
  • Second Upside target: 98.15
  • Second Downside target : 94.75

Indian Oil (IOC) weekly technical analysis

Date Weekly Close Open Range Volume
21 Thu Jan 96.70 101.55 96.20
101.85
975.81 lakhs
15 Fri Jan 101.30 96.20 94.60
103.90
1626.631 lakhs
08 Fri Jan 96.15 92.00 91.80
96.40
1050.522 lakhs
01 Fri Jan 91.50 91.00 90.00
92.50
636.614 lakhs
24 Thu Dec 90.25 93.40 84.20
93.40
1262.913 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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
21 Thu Jan 96.70 91.30 91.10
103.90
3724.404 lakhs
31 Thu Dec 90.95 85.00 84.10
97.50
5760.292 lakhs
27 Fri Nov 84.60 80.05 76.85
87.35
3404.753 lakhs
30 Fri Oct 79.55 73.95 73.45
81.90
3968.378 lakhs
30 Wed Sep 73.90 85.80 71.65
86.60
4015.209 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 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 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: 105.05
  • Upside daily target: 99.58
  • Downside daily target: 94.75

Indian Oil Weekly stock price targets

  • Upside weekly target: 107.25
  • Upside weekly target: 100.93
  • Downside weekly target: 95.73
  • Downside weekly target: 90.75
  • Downside weekly target: 85.98

Indian Oil Monthly stock price targets

  • Upside monthly target: 106.7
  • Upside monthly target: 100.93
  • Downside monthly target: 93.9
  • Downside monthly target: 88.78
  • Downside monthly target: 84.55
  • Downside monthly target: 80.4
  • 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 Weak and stock is losing momentum.

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

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 coming down

CCI has generated a SELL signal for Indian Oil in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 99.19 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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