Indian Oil Corporation
Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI that has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining & petroleum marketing sector of India.
Current Price ₹ 143
Stock P/E 16.7
Industry PE 20.2
Stock now trade November 2024 onwards stock pattern formed. May month pattern completed shortly. Once pattern completed Next Final Target 180+
IOC pattern Inverse head and shoulder pattern complete may month end, shortly breakout will happen. Now stock trade 143 shortly will come down right shoulder 130 below and next upside move 145 . Once close 145 above start uptrend.
Final Target 180+
Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI that has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining & petroleum marketing sector of India.
Current Price ₹ 143
Stock P/E 16.7
Industry PE 20.2
Stock now trade November 2024 onwards stock pattern formed. May month pattern completed shortly. Once pattern completed Next Final Target 180+
IOC pattern Inverse head and shoulder pattern complete may month end, shortly breakout will happen. Now stock trade 143 shortly will come down right shoulder 130 below and next upside move 145 . Once close 145 above start uptrend.
Final Target 180+
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