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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 2024-05-15 View latest technical analysis

10 day averaged volume of Indian Oil is 35475478

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	161.80	160.60	162.60	159.75	0.505 times
14 Tue May 2024	159.35	158.20	160.70	157.05	0.496 times
13 Mon May 2024	158.20	159.85	160.70	154.75	0.81 times
10 Fri May 2024	158.95	158.50	160.15	155.55	0.677 times
09 Thu May 2024	156.60	163.00	163.00	156.05	0.767 times
08 Wed May 2024	163.15	161.50	164.30	159.65	0.802 times
07 Tue May 2024	160.00	167.50	168.20	159.50	1.156 times
06 Mon May 2024	166.25	171.85	172.00	165.10	0.809 times
03 Fri May 2024	170.75	174.80	174.90	169.40	0.873 times
02 Thu May 2024	173.40	172.00	174.60	168.25	1.707 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 160.9 as stoploss in an intra day buy trade for a target of 166.41. However, stock will show a bearish move below 160.9.

Share price targets for Indian Oil (IOC)

Target Type	Value
Downside Target	128.50
Downside Target	147.05
Downside Target	152.20
Upside Target	162.20
Upside Target	167.55
Upside Target	172.00
Upside Target	173.70
Upside Target	174.90
Upside Target	175.10
Upside Target	178.35
Upside Target	179.80
Upside Target	196.80

Intraday share price targets for Indian Oil (IOC)

Target Type	Value
Downside Intraday Target	156.83
Downside Intraday Target	151.87
Upside Intraday Target	164.68
Upside Intraday Target	167.57
Downside Intraday Target	159.72

Weekly technical analysis of Indian Oil (IOC)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	161.80	159.85	162.60	154.75	0.43 times
10 Fri May 2024	158.95	171.85	172.00	155.55	0.749 times
03 Fri May 2024	170.75	173.00	179.80	167.85	2.26 times
26 Fri Apr 2024	171.55	169.95	173.70	167.55	0.819 times
19 Fri Apr 2024	166.65	166.80	175.10	162.20	1.444 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
15 Wed May 2024	161.80	172.00	174.90	154.75	0.628 times
30 Tue Apr 2024	168.85	169.95	179.80	162.20	0.859 times
28 Thu Mar 2024	167.75	167.95	178.35	153.60	0.492 times
29 Thu Feb 2024	165.55	148.50	196.80	147.05	1.88 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 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indian Oil in short term but BUY signal is weak.

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

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 164.14 and Indian Oil (IOC) stock is trading below this level. This means that stock is falling with high volumes. 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.