Stock analysis Indian Oil Corporation Limited IOC
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Recent prices of IOC Indian Oil Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
29 Wed Jan 2025 | 123.64 | 122.90 to 124.39 | 0.86% | 0.83 times |
28 Tue Jan 2025 | 122.58 | 121.84 to 125.85 | -1.28% | 1.38 times |
27 Mon Jan 2025 | 124.17 | 122.50 to 127.97 | -3.19% | 1.31 times |
24 Fri Jan 2025 | 128.26 | 127.90 to 132.75 | -1.21% | 0.88 times |
23 Thu Jan 2025 | 129.83 | 128.84 to 130.69 | -0.53% | 0.49 times |
22 Wed Jan 2025 | 130.52 | 128.44 to 132.60 | -0.43% | 0.64 times |
21 Tue Jan 2025 | 131.08 | 130.65 to 133.66 | 0.44% | 1.41 times |
20 Mon Jan 2025 | 130.50 | 126.81 to 131.18 | 1.9% | 0.57 times |
17 Fri Jan 2025 | 128.07 | 126.30 to 128.49 | 0.76% | 1.71 times |
16 Thu Jan 2025 | 127.10 | 126.55 to 128.27 | 0.12% | 0.82 times |
15 Wed Jan 2025 | 126.95 | 126.22 to 128.87 | 0.25% | 0.8 times |
14 Tue Jan 2025 | 126.63 | 122.72 to 127.20 | 3.8% | 1.21 times |
Technical analysis forecast for Indian Oil Corporation Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Indian Oil Corporation Limited IOC at this time. Stock is falling and might fall more.
It appears as if Indian Oil Corporation Limited IOC gave a large move recently.
Stock of Indian Oil Corporation Limited (IOC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Indian Oil Corporation Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Indian Oil Corporation Limited stays below 124.5, but if it comes above 124.5, then a intra day buy could be more profitable.
If you take a sell trade below 124.5, then use 124.5 as stoploss and 119.3 as target. However if you take a buy trade in Indian Oil Corporation Limited, then use 124.5 as stoploss and 128.92 as target.