deepakgkk2003

IOB : Clear buy for a CLOSE above 26; T1:30 T2:34.5

Long
NSE:IOB   INDIAN OVERSEAS BK
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3
There is a channel forming on Daily timeframe on IOB .
We could expect a possible move of upto 9 points from a close above 26.
This is based on my assumption that a close of above 26 will cause it to breakout above the channel.