Only for educational purpose not for sugesstion today stocks has given good move with double bottam formation, good for swing
Penny 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 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...
#Watchlist #IOB (2W):-CMP 33.4 Looks Good ABOVE 50 for more upsides :) #Disclaimer:-View shared is for educational purposes only.
IOB on bullish move with th marked profits on charts follow for more 🙏🙏🙏
Entry - 20.15 Entry reason - Near trend line support SL - Close below previous swing low of 19.85 Target - First target 21, then can trail
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 🙏 🚀
Please 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
IOB Weekly Charts.Is it going to complete the Cup n Handle formation and give breakout. Comment to share your ideas.
Stock price in Bullish Trend. Price re-testing Triangle Breakout level.
IOB Buy and accumulate in levels only , best wishes for investors
Triangular 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
Suggestions are based on my analysis only. Please do your analysis before taking any trade.
After a long accumulation phase. This script is ready to reach a new target Rs.32 or more
Kindly 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.
Daily chart broke out from three times resistance, and just a few days ago, RSI55 showed this breakout. I am bullish on this company for near term.
Riding the Bullish Bat. Plain and Simple. Awaiting the breakout from the triangle to star its journey.
IOB 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