Varanasi Wealth Management：Indian Oil Share Price Target - Tomorrow, Next Week & Next Month

Table of Contents

Over the past 25 trading days, the value of Indian Oil's stock has decreased by ₹26.43 (-15.56%).

On 25 Sep 2024, one share was worth ₹169.82

and by 30 Oct 2024, the value dropped to ₹143.39. During this period

it created a highest high of ₹182.46 and lowest low of ₹140.56.

Below Image represents line chart of daily close price of Indian Oil, helping you visualize how the price has changed day by day.

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The line chart displays the Indian Oil daily closing prices for the past 25 trading days using a black line.

The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Indian Oil shares for Wed 30 Oct 2024, see the table below.Varanasi Wealth Management

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By analyzing Indian Oil stock with yesterday and past crucial price points and technical indicators we derived following targets for: Thu, 31 Oct, 2024!

Wed 30 Oct 2024: Indian Oil finished the day at ₹143.39, losing ₹-0.73 (-0.51%) in 1 day.

In summary, our analysis of Indian Oil for tomorrow predicts a rise of 1.19% to 4.14% with three potential targets

T1: ₹145.10, T2: ₹146.65, T3: ₹149.33 and

Stop-Loss (SL) at SL1: ₹142.93, SL2: ₹142.53, SL3: ₹141.33.

Additionally, we've identified a support level at ₹142.25 — think of this as a safety net where the price might stop falling and there's also a

resistance level at ₹145.44, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past

trends and technical analysis using various indicators.

Over the last 25 trading days, the stock has dropped -15.56%, indicating it could be a excellent option for intra day trading as it has shown big price movements. During this period, its price fluctuated between 182.46 and 140.56.

After looking at tomorrow's share price prediction, let's now check what next week might hold for Indian Oil.

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The chart displays the Indian Oil weekly closing prices for the past 25 trading weeks using a black line.

It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.

For detailed target and stop loss values for Indian Oil shares for next week, see the table below.

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By analyzing Indian Oil stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!

As of Wed 30 Oct 2024, Indian Oil share price stands at ₹143.39, losing ₹-2.92 (-2.00%) in this week.

In summary, our analysis of Indian Oil for next week predicts a rise of 2.55% to 5.36% with three potential targets

T1: ₹147.05, T2: ₹149.33, T3: ₹151.09 and

Stop-Loss (SL) at SL1: ₹142.53, SL2: ₹140.80, SL3: ₹139.00.

Additionally, we've identified a support level at ₹140.56 — think of this as a safety net where the price might stop falling and there's also a

resistance level at ₹149.72, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Indian Oil.

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The chart displays the Indian Oil monthly closing prices for the past 25 months using a black line.

It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Indian Oil shares for next month, see the table below.

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By analyzing Indian Oil stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!

As of Wed 30 Oct 2024, Indian Oil share price stands at ₹143.39, losing ₹-36.75 (-20.40%) in this month.

In summary, our analysis of Indian Oil for next month predicts a rise of 6.14% to 8.46% with three potential targets

T1: ₹152.20, T2: ₹153.94, T3: ₹155.53 and

Stop-Loss (SL) at SL1: ₹141.33, SL2: ₹139.00, SL3: ₹137.50.

Additionally, we've identified a support level at 142.25 — think of this as a safety net where the price might stop falling and there's also a

resistance level at 182.46, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Indian Oil, we created a specific page for that check here: Indian Oil Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on Indian Oil short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Indian Oil Corporation Limited, explore these additional resources:-Indian Oil Share Price HistoryIndian Oil Price Long Term TargetIndian Oil Dividend HistoryIndian Oil Bonus History

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