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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 2024-09-12 View latest technical analysis

10 day averaged volume of Indian Oil is 24416788

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	173.26	171.49	173.70	170.07	0.752 times
11 Wed Sep 2024	169.74	176.99	177.89	169.09	1.218 times
10 Tue Sep 2024	175.55	176.11	176.74	174.55	0.609 times
09 Mon Sep 2024	175.34	175.50	177.21	173.65	0.619 times
06 Fri Sep 2024	176.64	181.09	181.29	174.70	1.305 times
05 Thu Sep 2024	181.34	178.65	184.00	177.91	1.891 times
04 Wed Sep 2024	177.03	177.00	179.70	176.11	0.98 times
03 Tue Sep 2024	176.13	178.60	178.91	175.60	0.486 times
02 Mon Sep 2024	178.73	179.25	181.20	177.01	1.103 times
30 Fri Aug 2024	176.97	178.00	178.78	176.12	0.913 times

My analysis of stock is bearish for shortterm, and stock might move down till 171.3 or till 167.5. Use a stoploss of 174.42 and if the stock hits stoploss, then it can shoot up till 177.58

Share price targets for Indian Oil (IOC)

Target Type	Value
Downside Target	147.80
Downside Target	154.75
Downside Target	160.66
Downside Target	169.09
Upside Target	175.49
Upside Target	177.00
Upside Target	177.89
Upside Target	178.78
Upside Target	182.49
Upside Target	184.00
Upside Target	185.97

Intraday share price targets for Indian Oil (IOC)

Target Type	Value
Downside Intraday Target	168.94
Downside Intraday Target	164.61
Upside Intraday Target	177.74
Upside Intraday Target	182.21
Upside Intraday Target	173.41

Weekly technical analysis of Indian Oil (IOC)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	173.26	175.50	177.89	169.09	0.555 times
06 Fri Sep 2024	176.64	179.25	184.00	174.70	1.8 times
30 Fri Aug 2024	176.97	174.00	178.78	171.75	1.146 times
23 Fri Aug 2024	173.13	170.00	175.49	169.32	1.283 times
16 Fri Aug 2024	167.17	168.00	171.00	163.01	0.53 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
12 Thu Sep 2024	173.26	179.25	184.00	169.09	0.62 times
30 Fri Aug 2024	176.97	182.00	182.49	163.01	0.482 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

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 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 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 gaining momentum.

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

Indian Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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

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 176.56 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.