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SHRIHARII

IOB / INDIAN OVERSEAS BANK - 4 months consolidation Breakout

Long
INDIAN OVERSEAS BK (NSE:IOB)  
SHRIHARII Updated   
NSE:IOB   INDIAN OVERSEAS BK
Trend Analysis Chart Patterns Beyond Technical Analysis cuppattern downtrendbreakout uptrend breakout weeklytimeframe consolidationbreakout Bullish Patterns trendanalyisis psubanks
3
0
trendanalysis chartpattern beyondta cuppattern downtrendbreakout uptrend breakout weeklytimeframe consolidationbreakout bullish trendanalyisis psubanks
INDIAN OVERSEAS BANK

1) Time Frame - Weekly & Monthly.
2) The Stock has been in a consolidation / Downtrend since (September, 2023). Currently the stock has given a breakout & Closed with strong bullish momentum & Good volume in weekly time frame.
3) The stock may reach the January, 2015's high (64.65) in short Term.
4) Recommendation - Strong Buy
Comment:
As mentioned previously, The given target around the price (64 - 15%) from the given price (56.20) is achieved.
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