Is INDIAN OIL CORPORATION in uptrend or downtrend?

In the short term price movements in IOC share indicates the market is Sideways. However, the bulls are trying to absorb supply to take control.

What is INDIAN OIL CORPORATION share price forecast for tomorrow?

In Indian Oil Corporation Limited stock current resistance level is at 149 and support level is at 138. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are INDIAN OIL CORPORATION support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Indian Oil Corporation Limited in the short-term, the supply zone around 149 and 150. Hence, good chances of resistance around 150. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Indian Oil Corporation Limited share is around 138 and 140. Hence, good chances for support around 140.

Why is INDIAN OIL CORPORATION share price falling today?

Perhaps IOC stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

INDIAN OIL CORPORATION Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data