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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 2024-06-06 View latest technical analysis

10 day averaged volume of Indian Oil is 31130300

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	163.60	164.00	168.10	162.15	1.148 times
05 Wed Jun 2024	159.25	158.50	159.90	147.80	1.186 times
04 Tue Jun 2024	154.50	177.00	177.00	149.00	2.859 times
03 Mon Jun 2024	175.30	170.80	176.40	168.00	1.999 times
31 Fri May 2024	162.40	163.40	163.75	161.05	1.109 times
30 Thu May 2024	161.95	164.70	165.25	161.35	0.449 times
29 Wed May 2024	165.05	166.00	166.90	164.50	0.398 times
28 Tue May 2024	167.05	169.10	169.80	165.80	0.416 times
27 Mon May 2024	168.90	169.10	170.45	166.80	0.462 times
24 Fri May 2024	168.80	167.90	170.45	167.30	0.565 times

My analysis of stock is bearish for shortterm, and stock might move down till 159.3 or till 153.8. Use a stoploss of 163.94 and if the stock hits stoploss, then it can shoot up till 168.55

Share price targets for Indian Oil (IOC)

Target Type	Value
Downside Target	147.05
Downside Target	153.60
Downside 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	148.6
Downside Intraday Target	133.6
Upside Intraday Target	177.8
Upside Intraday Target	192
Downside Intraday Target	162.8

Weekly technical analysis of Indian Oil (IOC)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	163.60	170.80	177.00	147.80	2.539 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 up 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
06 Thu Jun 2024	163.60	170.80	177.00	147.80	0.436 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 up 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 getting stronger in this stock.

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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 163.37 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.