IOC Outlook for the Week (December 16, 2024 – December 20, 2024)
Indian Oil Corporation closed flat on Weekly basis.
Technically, Indian Oil Corporation share price will see immediate support at 138.05 and immediate resistance would be seen at 144.71.
If Indian Oil Corporation share price closes below immediate support of 138.05, then sharp breakdown can be seen. Indian Oil Corporation share price will see major support at 134.13 for the week.
On the positive side, immediate resistance will be seen at 144.71. Closing above 144.71, Indian Oil Corporation share price will see a sharp breakout. Major resistance for Indian Oil Corporation share price will be seen at 147.45 for the week.
Trading range for Indian Oil Corporation share price for this week should be between 131.39 on down side and 151.37 on up side.
Indian Oil Corporation Previous Week Open: 138.22
Indian Oil Corporation Previous Week High: 143.54
Indian Oil Corporation Previous Week Low: 136.88
Indian Oil Corporation Previous Week Close: 141.96
Indian Oil Corporation Previous Week Range: 6.66 Points
Indian Oil Corporation share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 151.37 |
| Resistance 2 | 147.45 |
| Resistance 1 | 144.71 |
| Support 1 | 138.05 |
| Support 2 | 134.13 |
| Support 3 | 131.39 |
