mihirksh

INDIAN OVERSEAS BANK LONG

Long
NSE:IOB   INDIAN OVERSEAS BK
IOB has probably bottomed out with a support at 20.50 - 22.50 ... and according to my observations technicals show a positive divergence on RSI & MACD (5/8/3) .. Stock might move up to its resistance at 32 and from there breakout possibility ...

T1 24.50
T2 26.80
T3 29.00
SL 21

Discl : its my 1st published idea so please help me with your feedback .. thanks
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.