11 Mar
Indian Oil Corp #IOC NSE stock is presenting new buy opportunities after reaching a monthly demand level of around 108, following suit what Brent Oil and Light Crude Oil are doing, all three reacting to monthly demand levels.
Indian oil stock forecast
There is a clear long bias with a very strong reaction from that monthly demand imbalance, a very strong monthly pin candle was created four months ago. That reaction has created a new weekly demand level around 134. No shorts are allowed in this oil-related Indian NSE Stock; Indian Oil Corp IOC has a clear long bias now.
Very strong weekly supply level created, no reasons to go short. Tested weekly supply imbalance under attack around 154.
We don’t need any lagging o non-lagging indicators, no earnings, just pure supply imbalances.
Video analysis for Indian Oil Corp supply and demand imbalances
Learn to Do This Yourself
Want to analyze the markets yourself? Learn my rules-based methodology, build your trading plan, and get practical feedback inside the Set & Forget Community.
Learn at your own pace. Get support when you need it.
Forex Isn’t Random! Why Forex Prices Really Move
October 29, 2026
