IOC Outlook for the Week (November 18, 2024 – November 22, 2024)
Indian Oil Corporation closed the previous week on a negative note losing -2.91%.
Technically, Indian Oil Corporation share price will see immediate support at 131.69 and immediate resistance would be seen at 139.90.
If Indian Oil Corporation share price closes below immediate support of 131.69, then sharp breakdown can be seen. Indian Oil Corporation share price will see major support at 128.61 for the week.
On the positive side, immediate resistance will be seen at 139.90. Closing above 139.90, Indian Oil Corporation share price will see a sharp breakout. Major resistance for Indian Oil Corporation share price will be seen at 145.03 for the week.
Trading range for Indian Oil Corporation share price for this week should be between 123.48 on down side and 148.11 on up side.
Indian Oil Corporation Previous Week Open: 138.8
Indian Oil Corporation Previous Week High: 141.96
Indian Oil Corporation Previous Week Low: 133.75
Indian Oil Corporation Previous Week Close: 134.76
Indian Oil Corporation Previous Week Range: 8.21 Points
Indian Oil Corporation share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 148.11 |
| Resistance 2 | 145.03 |
| Resistance 1 | 139.90 |
| Support 1 | 131.69 |
| Support 2 | 128.61 |
| Support 3 | 123.48 |
