ikapilmittal

Rounding Bottom BO + Sudden spike in weekly volumes: IOB ๐Ÿฆ๐Ÿ’ธ

Long
NSE:IOB   INDIAN OVERSEAS BK
IOB Weekly: CMP 19.25 LOOKS GOOD FOR UPSIDE

1) All time high volumes

2) Could be next in line for privatization

Comment: BO done, upwards journey starts
Comment: Upper Circuit
Comment: Flying above target 1

Comments

@ikapilmittal Hi Kapil, could you please help educating on how you identified the targets?
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varungupta511 varungupta511
@ikapilmittal, looks like recent swing highs, correct?
Reply
ikapilmittal varungupta511
@varungupta511, Yes! I use a combination of recent swing highs and Fibonacci to identify targets
Reply
in watchlist now.
Reply
ikapilmittal mihir2021
@mihir2021, You may trade it now, the price is near important support
Reply
have observed but not sure of its next movement. are you confident?
Reply
@ritenjee, No one can be 100% sure, but looking at the volumes and recent price movement looks pretty nice to me
Reply
ritenjee ikapilmittal
@ikapilmittal, thank you.
Reply
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