Overall Technical outlook

Price Summary

On 2026-03-02, Indian Oil Corporation Limited's stock opened at 181.31, reached 182.4, hit a low of 176.85, and rose -1.21% to close at 179.11, with 31452791 shares traded.
In the past year, the highest stock price was 187.47, and the lowest was 114.56.
IOC's future price is expected to lie between 125.0 and 225.0, with an average expectation of 185.93549, as per the recommendations of 31 analysts.

Technicals

Support and Resistance: The price is currently at 179.11, supported by 178.11 and resisted by 178.11. This indicates a range where 178.11 may provide a base for the price, while 178.11 serves as a cap on further upward movement for IOC.
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Support/Resistance for IOC


Aroon: The current state of the AROON is neutral for IOC, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Aroon chart for Indian Oil Corporation Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Bolinger Bands chart for Indian Oil Corporation Limited


Parabolic SAR: The PSAR for IOC maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum.
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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.
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Stochastic chart for Indian Oil Corporation Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for IOC, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon.
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Tripple SMA chart for Indian Oil Corporation Limited


When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.