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(IOC) Indian Oil complete technical analysis [charts+indicators] | Buy/Sell Indian Oil | (IOC) share price targets

Complete technical analysis of Indian Oil (IOC) by charts plus indicators, forecast predictions and share price targets for Indian Oil (IOC)

Indian Oil trades in NSE in Oil Marketing & Distribution sector.

Showing technical analysis as on 2024-03-22 View latest technical analysis

10 day averaged volume of Indian Oil is 34622117

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	165.15	165.70	167.15	163.55	0.726 times
21 Thu Mar 2024	164.50	161.00	164.75	159.80	0.773 times
20 Wed Mar 2024	158.25	156.00	158.55	155.00	0.692 times
19 Tue Mar 2024	155.25	158.90	158.90	154.25	1.46 times
18 Mon Mar 2024	160.80	162.55	163.25	160.15	0.655 times
15 Fri Mar 2024	161.00	166.00	168.70	153.60	3.14 times
14 Thu Mar 2024	170.35	161.25	171.40	160.60	0.748 times
13 Wed Mar 2024	163.35	173.00	173.90	161.75	0.772 times
12 Tue Mar 2024	172.90	175.00	175.90	171.45	0.584 times
11 Mon Mar 2024	174.25	173.95	177.50	172.10	0.66 times

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 162.2 as stoploss in an intra day buy trade for a target of 168.71. However, stock will show a bearish move below 162.2.

Share price targets for Indian Oil (IOC)

Target Type	Value
Downside Target	90.45
Downside Target	110.60
Downside Target	128.50
Downside Target	133.95
Downside Target	147.05
Downside Target	152.20
Downside Target	164.35
Upside Target	170.50
Upside Target	175.05
Upside Target	178.35
Upside Target	178.80
Upside Target	190.90
Upside Target	196.80

Intraday share price targets for Indian Oil (IOC)

Target Type	Value
Downside Intraday Target	157.22
Downside Intraday Target	149.28
Upside Intraday Target	170.12
Upside Intraday Target	175.08
Downside Intraday Target	162.18

Weekly technical analysis of Indian Oil (IOC)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	165.15	162.55	167.15	154.25	0.729 times
15 Fri Mar 2024	161.00	173.95	177.50	153.60	1.929 times
07 Thu Mar 2024	174.60	172.20	178.35	170.50	0.56 times
02 Sat Mar 2024	172.20	175.90	178.80	164.35	1.192 times
23 Fri Feb 2024	175.85	188.60	190.90	175.05	0.591 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indian Oil (IOC)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	165.15	167.95	178.35	153.60	0.431 times
29 Thu Feb 2024	165.55	148.50	196.80	147.05	1.88 times
31 Wed Jan 2024	146.95	132.10	152.20	128.50	1.054 times
29 Fri Dec 2023	129.85	112.85	133.95	110.60	0.702 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indian Oil (IOC)

Price action analysis of Indian Oil ( (IOC) ) 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.

Price action analysis of Indian Oil ( (IOC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Indian Oil ( (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.

Price action analysis of Indian Oil ( (IOC) ) based on a mid to longer 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 losing momentum.

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

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

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 moving up

CCI has generated a buy signal for Indian Oil in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 162.94 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.