IOC Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

IOC closed the previous week on a negative note losing 6.41%

Technically, IOC share price will see immediate support at 92.77 and immediate resistance would be seen at 99.22

If IOC share price closes below immediate support of 92.77, then sharp breakdown can be seen. IOC share price will see major support at 90.28 for the week.

On the positive side, immediate resistance will be seen at 99.22. Closing above 99.22, IOC share price will see a sharp breakout. Major resistance for IOC share price will be seen at 103.18 for the week.

Trading range for IOC share price for this week should be between 86.32 on down side and 105.67 on up side.

IOC Previous Week High: 100.7

IOC Previous Week Low: 94.25

IOC Previous Week Range: 6.45 Points

IOC share price support and resistance for the week (July 31, 2023 – August 04, 2023)