Overall Technical outlook

Price Summary

On 2025-07-16, Indian Oil Corporation Limited's shares started at 151.2, peaked at 152.68, bottomed out at 150.63, and ended 0.56% higher at 152.04, with 7210945 shares traded.
Over the past year, the stock's highest price was 182.95, and its lowest was 113.49.
The anticipated price is forecasted to be between 85.0 and 200.0, with an average price expectation of 155.96667, based on input from 30 analysts.

Technicals

Support and Resistance: The price for IOC is 152.04, with support at 144.72 and resistance at 153.82. This suggests a range where 144.72 acts as a base, preventing declines, and 153.82 caps gains, defining key trading levels.
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Support/Resistance for IOC


Aroon: The current reading of the AROON is neutral for IOC, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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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.
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Bolinger Bands chart for Indian Oil Corporation Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Indian Oil Corporation Limited


Stochastic: The STOCHASTIC 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.
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Stochastic chart for Indian Oil Corporation Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move.
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Tripple SMA chart for Indian Oil Corporation Limited


A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.