IOB can reach 30/31 once it crosses 27 . The stock has consolidated and has made several attempts to breach 27 in recent past.
In the Weekly Chart of IOB , we can see that, after giving range breakout, it has now retested properly. We can enter at 27 and SL as 25.50.
SUP: 15.1/5.9 As long as the above supports hold, we can see 35-38-43, 52-55-61, 68 75-78-89 in the long run.
HNS pattern formed in IOB, keep adding this stock between 25.50 to 26.50
Indian Overseas Bank on the daily time frame Head and shoulder range breakout Trend reversal pattern Entry above 26.70 Target1 29.30 Target2 32.40 Note:- Education purpose only.. not advice to buy...
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
Only for educational purpose not for sugesstion today stocks has given good move with double bottam formation, good for swing
INDIAN OVERSEAS BANK as per Day Chart Analysis Stock ABOVE 33.80 TARGET 35.80. Happy Profitable Trading to All....
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.