📊 Current Price (approx):
IOC trading around ₹161–₹163 on NSE/BSE recently.
📈 Weekly Resistance Levels
These are key upside levels where selling pressure may emerge this week:
1. Major Weekly Resistance Zones
R1: ~₹164–₹165
R2: ~₹167–₹168
R3: ~₹172–₹173
Why these matter:
• Above ₹164–₹165, bulls may gain control and momentum could push toward ₹168+.
• Levels above ₹170 would be significant weekly breakout territory.
📉 Weekly Support Levels
Key downside levels where buyers might step in:
1. Immediate Support
1: ~₹158–₹160
S2: ~₹155 (secondary support)
S3: ~₹151–₹150 (deeper support if breakdown)
👉 Holding above ~₹158–₹160 is important this week for near‑term bullish bias. A decisive break below opens room down toward ₹155 / ₹150.
📌 Pivot Reference (Weekly)
A commonly watched reference midpoint:
Central Pivot (~CPR): ~₹163–₹164 — acting as balance for the weekly.
Trading bias:
Above ₹164 → bullish bias.
Below ₹160 → bearish risk increases.
IOC trading around ₹161–₹163 on NSE/BSE recently.
📈 Weekly Resistance Levels
These are key upside levels where selling pressure may emerge this week:
1. Major Weekly Resistance Zones
R1: ~₹164–₹165
R2: ~₹167–₹168
R3: ~₹172–₹173
Why these matter:
• Above ₹164–₹165, bulls may gain control and momentum could push toward ₹168+.
• Levels above ₹170 would be significant weekly breakout territory.
📉 Weekly Support Levels
Key downside levels where buyers might step in:
1. Immediate Support
1: ~₹158–₹160
S2: ~₹155 (secondary support)
S3: ~₹151–₹150 (deeper support if breakdown)
👉 Holding above ~₹158–₹160 is important this week for near‑term bullish bias. A decisive break below opens room down toward ₹155 / ₹150.
📌 Pivot Reference (Weekly)
A commonly watched reference midpoint:
Central Pivot (~CPR): ~₹163–₹164 — acting as balance for the weekly.
Trading bias:
Above ₹164 → bullish bias.
Below ₹160 → bearish risk increases.
Contact Knowledgehub for a detailed consultation: Dm on WhatsApp: [wa.link/a2o0kz]-
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Contact Knowledgehub for a detailed consultation: Dm on WhatsApp: [wa.link/a2o0kz]-
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.