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Technicals for Indian Oil Corporation Limited
By MusingTheNews
2025-08-15 20:39
Overall Technical outlook
Price Summary
Indian Oil Corporation Limited's stock sank -2.01% today, reflecting an unimpressivending market day. Indian Oil Corporation Limited's stock opened at 143.0 on 2025-08-14, surged to a high of 143.16, hit a low of 139.86, and closed up -2.01% at 140.13, with 11450914 shares traded. The stock's highest price in the past 52 weeks is 181.34, while its lowest price during the same period is 113.49. The future price of IOC is projected to range from 85.0 to 200.0, with an average expected price of 156.06667, according to 30 analysts.
Technicals
Support and Resistance: The price of 140.13 is supported at 138.68 and faces resistance at 144.72. This range suggests key levels for IOC where the price may stabilize, with 138.68 acting as a support and 144.72 as a cap on gains. Support/Resistance for IOC
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for IOC, with no strong trend emerging. Aroon chart for Indian Oil Corporation Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Indian Oil Corporation Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for IOC. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Indian Oil Corporation Limited
Stochastic: The stochastic indicator for IOC shows the K-line rising above the D-line while remaining below 20, typically signaling the start of a bullish move. This setup suggests that the market may be transitioning from a low point, potentially leading to upward momentum. Investors could see this as a promising entry point for a rally. Stochastic chart for Indian Oil Corporation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Indian Oil Corporation Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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