IOC Outlook for the Week (December 23, 2024 – December 27, 2024)
Indian Oil Corporation closed the previous week on a negative note losing -5.02%.
Technically, Indian Oil Corporation share price will see immediate support at 132.10 and immediate resistance would be seen at 143.51.
If Indian Oil Corporation share price closes below immediate support of 132.10, then sharp breakdown can be seen. Indian Oil Corporation share price will see major support at 127.11 for the week.
On the positive side, immediate resistance will be seen at 143.51. Closing above 143.51, Indian Oil Corporation share price will see a sharp breakout. Major resistance for Indian Oil Corporation share price will be seen at 149.93 for the week.
Trading range for Indian Oil Corporation share price for this week should be between 120.69 on down side and 154.92 on up side.
Indian Oil Corporation Previous Week Open: 144.32
Indian Oil Corporation Previous Week High: 144.95
Indian Oil Corporation Previous Week Low: 133.54
Indian Oil Corporation Previous Week Close: 137.08
Indian Oil Corporation Previous Week Range: 11.41 Points
Indian Oil Corporation share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 154.92 |
| Resistance 2 | 149.93 |
| Resistance 1 | 143.51 |
| Support 1 | 132.10 |
| Support 2 | 127.11 |
| Support 3 | 120.69 |
