١٩ سبتمبر
"Welcome to SkyTradingZone " Hello Everyone 👋 Let's dive into the 3-hour candlestick chart for Indian Oil Corporation Limited (IOC), a leading Indian oil and gas company. Here are some key insights based on the 3-hour chart: Current Trend: IOC has been trading in a sideways trend, with a slight uptrend over the past few hours. Resistance and Support: The stock has a strong resistance level at around ₹155-156 and support level at around ₹150-151. Bollinger Bands: The Bollinger Bands are contracting, indicating decreased volatility in the stock. Momentum: The RSI (Relative Strength Index) is around 50, indicating that the stock is in a neutral zone. Candle Patterns: The 3-hour chart shows a bullish Engulfing pattern at around ₹152-153, which is a bullish reversal signal.