IOC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | IOC | Market Cap | 2,03,034 Cr. | Current Price | 144 ₹ | High / Low | 189 ₹ |
| Stock P/E | 5.52 | Book Value | 145 ₹ | Dividend Yield | 4.86 % | ROCE | 17.5 % |
| ROE | 19.2 % | Face Value | 10.0 ₹ | DMA 50 | 145 ₹ | DMA 200 | 152 ₹ |
| Chg in FII Hold | 1.27 % | Chg in DII Hold | -0.90 % | PAT Qtr | 11,378 Cr. | PAT Prev Qtr | 12,126 Cr. |
| RSI | 53.0 | MACD | -1.01 | Volume | 1,21,32,282 | Avg Vol 1Wk | 1,77,49,823 |
| Low price | 130 ₹ | High price | 189 ₹ | PEG Ratio | 0.09 | Debt to equity | 0.60 |
| 52w Index | 23.2 % | Qtr Profit Var | 56.6 % | EPS | 26.1 ₹ | Industry PE | 14.6 |
📉 IOC is trading near its 50 DMA (₹145) but below the 200 DMA (₹152), reflecting short-term neutrality with medium-term weakness. RSI at 53.0 indicates mild bullish momentum, while MACD is negative (-1.01), showing bearish undertones. Bollinger Bands place price mid-range, suggesting consolidation. Current volume (1.21 Cr.) is below average (1.77 Cr.), showing reduced participation.
🔑 Short-term momentum signals: Neutral-to-bullish, with potential upside if price sustains above ₹150–₹152 zone.
🎯 Entry Zone: ₹138–₹144 (support region)
🚪 Exit Zone: ₹160–₹170 (resistance region)
📊 Trend Status: Consolidating with mild bullish bias
Positive
- Strong ROE (19.2%) and ROCE (17.5%) highlight efficiency
- Dividend yield of 4.86% provides steady income
- EPS at ₹26.1 supports valuation strength
- FII holdings increased (+1.27%), showing foreign investor confidence
- PEG ratio at 0.09 indicates attractive valuation relative to growth
- Debt-to-equity ratio at 0.60 remains manageable
- 52-week return of 23.2% demonstrates investor interest
Limitation
- Trading below 200 DMA, limiting breakout confirmation
- MACD negative, confirming bearish crossover
- Volume below average, limiting breakout strength
- DII holdings decreased (-0.90%), showing reduced domestic support
- PAT declined (₹12,126 Cr. → ₹11,378 Cr.)
Company Negative News
- Decline in quarterly PAT
- DII holdings reduced (-0.90%)
- Price trading below long-term averages
Company Positive News
- FII inflows (+1.27%) support investor confidence
- Quarterly profit variation (+56.6%) shows resilience
- Dividend yield at 4.86% adds income cushion
Industry
- Industry PE at 14.6 highlights IOC’s attractive valuation (P/E 5.52)
- Energy sector supported by demand recovery but facing margin pressures
Conclusion
⚖️ IOC shows neutral technical momentum with RSI above 50 but negative MACD. Entry is favorable near ₹138–₹144 with profit booking around ₹160–₹170. Trend remains consolidative with mild bullish bias unless price sustains above 200 DMA (₹152). Fundamentals remain strong with high ROE/ROCE and dividend yield, making IOC attractive for tactical trades and medium-term positioning.
Would you like me to extend this into a energy sector overlay comparing IOC’s technicals and valuations against peers like BPCL, HPCL, and ONGC to highlight sector-relative positioning?