Indian overseas Bank head and sholder breakout Iob having very good 4th qtr result may have definate breakout.....two target mention on chart, keep 6% sl,
Note : This is for education purpose only
IOB trade ideas
IOB a great pick for your porfolio. broke out of the range. follow risk management
Long above 24 (closing basis)
hold for the target of 30 and above
sl is 22
Double bottam formation
Only for educational purpose
not for sugesstion
today stocks has given good move with double bottam formation, good for swing
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 : 24-20
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 SMA
5. one can inituate Long position at breakout level 21-23 TARGET 25-27-30 Short to mid term and stop loss bellow new trendline support at 17
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk ,!!
HAPPY TRADING . !!
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.
IOB Long or swingTriangular pattern formation,
Stock is near a good support line.
Daily and weekly RSI above 50
Above 200EMA, and near 50and 100 EMA's
Expecting a breakout in IOB.
Sl below 19.4 on weekly closing basis
Target 1 - 23.35
Target 2 - 25.9
Target 3 - 28.35
Buy at 23.5 SL 22.2 TGT 25 and 26Suggestions are based on my analysis only. Please do your analysis before taking any trade.
IOB to reach 32After a long accumulation phase. This script is ready to reach a new target Rs.32 or more
Triangle pattern formation in IOBKindly note that this is not a recommendation and only an analysis.
PSU Banking is in good uptrend and IOB is looking like ready to participate in the run.
Wait for breakout and then trade wisely.
INDIAN OVERSEAS BANK - Bullish BatRiding the Bullish Bat. Plain and Simple.
Awaiting the breakout from the triangle to star its journey.
IOB rally timeIOB is now at major support zone.
If the stock break the previous week high we can enter into the stock
Entry -above 19.95 if the price close in day chart
Stoploss -19.25 or 18.75 a comfortable for your risk
TrendreverseIob trend reverse after Double bottom formed. Aggressive investor can invest and target 24. conservative investor wait for the retracement discounted price 18.85
IOB : Clear buy for a CLOSE above 26; T1:30 T2:34.5There 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.
