Showing posts with label IOC. Show all posts
Showing posts with label IOC. Show all posts

Saturday, March 25, 2017

IOC Indian Oil Corporation - Price action analysis

Stock price of companies in the same industry generally move in the same direction in normal market conditions.
Today when I analysed the price action move of HPCL, I was curious to watch IOC. The movements are similar!

IOC Monthly chart:




Weekly chart:



Daily chart;