Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-05 View latest technical analysis

10 day averaged volume of Indian Oil is 29443707

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	159.25	158.50	159.90	147.80	1.254 times
04 Tue Jun 2024	154.50	177.00	177.00	149.00	3.022 times
03 Mon Jun 2024	175.30	170.80	176.40	168.00	2.113 times
31 Fri May 2024	162.40	163.40	163.75	161.05	1.172 times
30 Thu May 2024	161.95	164.70	165.25	161.35	0.475 times
29 Wed May 2024	165.05	166.00	166.90	164.50	0.42 times
28 Tue May 2024	167.05	169.10	169.80	165.80	0.439 times
27 Mon May 2024	168.90	169.10	170.45	166.80	0.488 times
24 Fri May 2024	168.80	167.90	170.45	167.30	0.597 times
23 Thu May 2024	167.95	167.50	169.35	166.70	0.592 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 158.7 as stoploss in an intra day buy trade for a target of 163.59. However, stock will show a bearish move below 158.7.

Share price targets for Indian Oil (IOC)

Target Type	Value
Downside Target	147.05
Downside Target	153.60
Upside Target	161.05
Upside Target	170.45
Upside Target	172.00
Upside Target	174.90
Upside Target	177.00
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	145.7
Downside Intraday Target	132.15
Upside Intraday Target	174.9
Upside Intraday Target	190.55
Upside Intraday Target	161.35

Weekly technical analysis of Indian Oil (IOC)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	159.25	170.80	177.00	147.80	2.133 times
31 Fri May 2024	162.40	169.10	170.45	161.05	1.086 times
24 Fri May 2024	168.80	165.00	170.45	163.55	0.787 times
18 Sat May 2024	164.90	159.85	165.40	154.75	0.691 times
10 Fri May 2024	158.95	171.85	172.00	155.55	0.749 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indian Oil (IOC)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	159.25	170.80	177.00	147.80	0.366 times
31 Fri May 2024	162.40	172.00	174.90	154.75	1.056 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

ADX buy sell signal for Indian Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Indian Oil in short term and the sell 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 but selling 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 163.6 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.