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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 2024-08-06 View latest technical analysis

10 day averaged volume of Indian Oil is 38326796

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	167.01	172.00	174.40	166.28	0.472 times
05 Mon Aug 2024	170.59	172.00	174.88	166.99	0.981 times
02 Fri Aug 2024	177.29	178.00	179.29	174.64	0.707 times
01 Thu Aug 2024	179.73	182.00	182.49	177.87	0.683 times
31 Wed Jul 2024	181.67	183.50	184.85	180.08	0.854 times
30 Tue Jul 2024	182.95	180.00	185.97	178.31	1.978 times
29 Mon Jul 2024	180.39	178.00	181.70	178.00	1.12 times
26 Fri Jul 2024	176.55	178.34	178.92	175.55	0.711 times
25 Thu Jul 2024	176.85	166.89	177.56	166.54	1.98 times
24 Wed Jul 2024	168.79	165.82	169.25	165.56	0.419 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 167.4, but if it comes above 167.4, then a intra day buy could be more profitable.
If you take a sell trade below 167.4, then use 167.4 as stoploss and 161 as target. However if you take a buy trade in stock , then use 167.4 as stoploss and 172.82 as target.

Share price targets for Indian Oil (IOC)

Target Type	Value
Downside Target	147.80
Downside Target	154.75
Downside Target	160.66
Upside Target	172.30
Upside Target	174.90
Upside Target	175.80
Upside Target	177.00
Upside Target	178.92
Upside Target	179.80
Upside Target	182.49
Upside Target	185.97

Intraday share price targets for Indian Oil (IOC)

Target Type	Value
Downside Intraday Target	163.9
Downside Intraday Target	160.79
Upside Intraday Target	172.5
Upside Intraday Target	177.99
Upside Intraday Target	169.39

Weekly technical analysis of Indian Oil (IOC)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	167.01	172.00	174.88	166.28	0.272 times
02 Fri Aug 2024	177.29	178.00	185.97	174.64	1.295 times
26 Fri Jul 2024	176.55	165.49	178.92	160.66	1.365 times
19 Fri Jul 2024	165.49	167.50	172.30	165.15	0.629 times
12 Fri Jul 2024	167.04	172.21	175.80	166.11	1.499 times

Price has moved down 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
06 Tue Aug 2024	167.01	182.00	182.49	166.28	0.149 times
31 Wed Jul 2024	181.67	166.00	185.97	160.66	1.401 times
28 Fri Jun 2024	165.63	170.80	177.00	147.80	1.018 times
31 Fri May 2024	162.40	172.00	174.90	154.75	1.056 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Indian Oil ( (IOC) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

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

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.