IOC NEWS why is Indian Oil Corporation Limited price falling or rising

IOC NEWS reasons for why stock price of Indian Oil Corporation Limited is falling or rising

IOC Indian Oil is falling or rising technical reasons

Technical analysis forecast for Indian Oil Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Indian Oil IOC at this time. Stock is falling and might fall more.

It appears as if Indian Oil IOC gave a large move recently.

Stock of Indian Oil (IOC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Indian Oil is bearish for shortterm, and stock might move down till 126.2 or till 120.1. Use a stoploss of 131.37 and if the stock hits stoploss, then it can shoot up till 136.51

IOC Indian Oil is falling or rising NEWS fundamental reasons

IOC buys 7 million barrels of Middle East, African oil India's top refiner, Indian Oil Corp (IOC), has purchased 7 million barrels of Middle Eastern and African crude oil via tenders, including a rare buy of Abu Dhabi's Murban, as U.S. sanctions impact supplies from Russia. The acquisitions involve crude from - NEWS as on 2025-01-17 indiatimes.com

Indian Oil seeks sour oil from spot market, trade sources say Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market due to expected impacts from new U.S. sanctions on Russian supplies. Indian and Chinese refiners are looking for alternatives. IOC also issued a tender for sweet crude. Spot premiums fo - NEWS as on 2025-01-16 indiatimes.com

How US sanctions on Russian oil export will impact Indian oil companies? Yogesh Patil explains Long-term contracts for Indian refiners will remain unaffected by the new sanctions on Russian oil. However, spot purchases of Russian oil, which account for 40-45% of India's imports, will be impacted. Indian refiners will need to source oil from the Midd - NEWS as on 2025-01-14 indiatimes.com

Govt may give Rs 35,000 crore LPG subsidy to IOC, BPCL, HPCL The government plans to grant a Rs 35,000 crore subsidy to IOC, BPCL, and HPCL to cover losses from selling domestic LPG at unchanged prices despite rising costs. The subsidy will be dispensed over two years, starting with Rs 10,000 crore in the current fi - NEWS as on 2025-01-09 indiatimes.com

Company Announcement - NEWS as on 2024-12-27

Company Announcement Indian Oil Corporation Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-12-11

Company Announcement Indian Oil Corporation Limited has informed the Exchange regarding Change in Director(s) of the company. - NEWS as on 2024-11-25

Company Announcement Indian Oil Corporation Limited has informed the Exchange regarding a press release dated November 12, 2024, titled "Fire lncident at Mathura Refinery". - NEWS as on 2024-11-13

Company Announcement Indian Oil Corporation Limited has informed the Exchange about Copy of Newspaper Publication for transfer of equity shares to IEPF Authority - NEWS as on 2024-11-13

More announcements and NEWS

IOC Indian Oil Corporation Limited current price & indicator signals

Moving Averages for Indian Oil Corporation Limited

  • 5Day Average: 127.85
  • 12Day Average: 128.96
  • 20Day Average: 132.2
  • 50Day Average: 135.94
  • 100Day Average: 149.83
  • 150Day Average: 156.96
  • 200Day Average: 159.33

IOC Indicators & signals

Indicator MACD (12,26,9)

129.47, 132.63, -3.1
Indicator MACD is in negative zone

Indicator ADX (14)

31.54, 13.82, 26.56
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 36
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of IOC Indian Oil Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
20 Mon Jan 2025 130.50 126.81 to 131.18 1.9% 0.47 times
17 Fri Jan 2025 128.07 126.30 to 128.49 0.76% 1.39 times
16 Thu Jan 2025 127.10 126.55 to 128.27 0.12% 0.67 times
15 Wed Jan 2025 126.95 126.22 to 128.87 0.25% 0.65 times
14 Tue Jan 2025 126.63 122.72 to 127.20 3.8% 0.99 times
13 Mon Jan 2025 121.99 121.16 to 128.39 0% 1.72 times
13 Mon Jan 2025 121.99 121.16 to 128.39 -6.36% 1.72 times
10 Fri Jan 2025 130.28 129.75 to 133.00 -1.45% 0.73 times
09 Thu Jan 2025 132.20 132.00 to 134.80 -1.78% 0.55 times
08 Wed Jan 2025 134.60 133.09 to 135.50 0.2% 0.81 times
07 Tue Jan 2025 134.33 133.20 to 136.28 1.09% 0.77 times
06 Mon Jan 2025 132.88 132.05 to 138.48 -3.81% 1.12 times

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