An in-depth analysis of the current exchange rate dynamics of the Indian...
Technicals for Indian Oil Corporation Limited
By MusingTheNews
2025-09-04 20:32
Overall Technical outlook
Price Summary
On 2025-09-04, Indian Oil Corporation Limited's stock opened at 141.18, reached 141.7, hit a low of 139.35, and rose -1.06% to close at 139.68, with 4767711 shares traded. During the 52-week span, the stock hit a high of 181.34 and a low of 113.49. The projected price range for Indian Oil Corporation Limited is between 85.0 and 200.0, with an expected mean price of 156.06667, according to 30 analysts.
Technicals
Support and Resistance: The price for IOC is 139.68, with support at 138.68 and resistance at 144.72. This suggests a range where 138.68 acts as a base, preventing declines, and 144.72 caps gains, defining key trading levels. Support/Resistance for IOC
Aroon: The AROON 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. Aroon chart for Indian Oil Corporation Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Indian Oil Corporation Limited
Parabolic SAR: The PSAR for IOC maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Indian Oil Corporation Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Indian Oil Corporation Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Indian Oil Corporation Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and 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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