Indian Oil Corporation Call Details:
Till 31st December 2012, IOC was trading flat and when our trend tracking algorithms sensed a change in trend of IOC, it issued an Up Trend on 31st December 2012 at a price of Rs.269.00 around 13:40 hrs.
After the call, the stock has started reaching targets and has reached 52 weeks high on 18th January 2013 and has also achieved our 15th target on the same day.
Today on 22nd January 2013, we have issued a live down trend call on IOC at a price of Rs.337.00 at 12:00 hrs.
By following our Up/Down trend signals on Indian Oil Corporation – our users have made 25.27% gains in 17 trading days.
We just not give you an entry point; we also guide you through the exit points to make reasonable returns on your investment.
Intro of IOC:
Indian Oil is India's flagship national oil company with business interests straddling the entire hydrocarbon value chain – from refining, pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas, marketing of natural gas and petrochemicals. It is the leading Indian corporate in the Fortune 'Global 500' listing, ranked at the 83rd position in the year 2012.
With over 34,233-strong workforce, Indian Oil has been helping to meet India’s energy demands for over half a century. With facilities at multiple locations and ever-expanding market opportunities, Indian Oil is poised to become an integrated energy company. As the flagship public sector enterprise of India, Indian Oil has also successfully combined its corporate social responsibility agenda with its business offerings, meeting the energy needs of millions of people every day, across the country.
With a corporate vision to be the Energy of India, Indian Oil closed the year 2011-12 with a sales turnover of Rs. 4,09,957 crore ($ 85,550 million) and profits of Rs. 3,955 crore ($ 825 million).