Double bottam formation
Only for educational purpose
not for sugesstion
today stocks has given good move with double bottam formation, good for swing
Key stats
Market capitalization
431.92BINR
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
21.60
Basic EPS (TTM)
1.06INR
About INDIAN OVERSEAS BANK
ISIN
INE565A01014
Sector
Finance
Industry
Major Banks
Website
iob.in
CEO
Ajay Kumar Srivastava
Headquarters
Chennai
Employees
22.369K
Founded
1937
Indian Overseas Bank engages in the provision of commercial banking services. It operates through the following segments: Treasury, Corporate or Wholesale Banking, Retail Banking, and Other Banking Operations. The company was founded by Muttaiya Chidambaram Chettiar on February 10, 1937 and is headquartered in Chennai, India.
INDIAN OVERSEAS BANK - DAY CHART - 26.12.2022 - BAHAVAN CAPITALINDIAN OVERSEAS BANK as per Day Chart Analysis Stock ABOVE 33.80 TARGET 35.80.
Happy Profitable Trading to All....
IOB Bullish C&H breakout and Active Harmonic patternPenny Stock Special : IOB for high risk takers
Fundamentals : Decent, good quarter, showing YOY improvement, Supported by Strong PSU Sector!
Technicals : Bullish, C&H breakout, Harmonic Bat Active with high Volumes
R 1: 38
R 2: 45
R 3: 52++
Short term support : 27
Mid - Long term support : 24
INDIAN OVERSEAS BANK ---WEEKLY BREAKOUT INDIAN OVERSEAS BANK --WEEKLY CHART --TRENDLINE BREAKOUT
1. Trendline breakout seen on weekly chart above 20 level
2. Double bottom formation seen at 15.50 level from where stock at uptrend following trendline .
3. RSI seen above WMA and above 60 level at bullish zone
4. stock above 50,100,200
IOB #Watchlist
#IOB (2W):-CMP 33.4 Looks Good ABOVE 50 for more upsides :)
#Disclaimer:-View shared is for educational purposes only.
indain oversea bank broke its structure resistance booming📈📈🚀IOB on bullish move with th marked profits on charts
follow for more 🙏🙏🙏
Indian Overseas Bank near trend line supportEntry - 20.15
Entry reason - Near trend line support
SL - Close below previous swing low of 19.85
Target - First target 21, then can trail
IOB YEARLY BREAKOUT WITH VOLUME 🚀🚀🚀Indian overseas bank has made a yearly break out stock would have potential of giving 8-30% roi look for retest for buying
follow for more 🙏 🚀
Trendline BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking profit for 1% - 2%
For long-term trades look out for resistance drawn above closing
Is IOB getting ready ???IOB Weekly Charts.Is it going to complete the Cup n Handle formation and give breakout.
Comment to share your ideas.
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Income Statement
Balance Sheet
Cash Flow
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Revenue