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Technicals for Indian Oil Corporation Limited
By MusingTheNews
2025-10-17 20:40
Overall Technical outlook
Price Summary
Indian Oil Corporation Limited's stock began trading at 153.75 on 2025-10-17, soared to 154.6, dipped to 152.03, and finished the day -0.55% lower at 152.91, with 7126123 shares exchanged. Over the past 52 weeks, the stock reached a maximum price of 165.35 and a minimum price of 113.49. IOC's future price is expected to lie between 95.0 and 195.0, with an average expectation of 158.7, as per the recommendations of 30 analysts.
Technicals
Support and Resistance: The price for IOC at 152.91 is supported by the 150.06 level and faces resistance at 153.82. This range indicates key levels where the price may find buyers near 150.06 and sellers near 153.82, defining a trading range. Support/Resistance for IOC
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Indian Oil Corporation Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Indian Oil Corporation Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Indian Oil Corporation Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Indian Oil Corporation Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Indian Oil Corporation Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Indian Oil Corporation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Indian Oil Corporation Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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