With its strong foothold in the Indian banking sector and commitment to providing financial services to customers, Indian Overseas Bank presents an intriguing opportunity for swing traders. Reasons are listed below : Strong Support at 55-60 Zone : IOB has established a robust support base in the 55-60 zone, from which the price is rebounding, reflecting...
Price gave a close above the Trendline. Looks so good on Charts. Consolidation done . Volume Buildup seen. Above all EMA. Good for Short term and Long term. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before...
As per the Annual chart, Wave 1 is a 3 Wave Sequence structure, Wave 2 has retraced Wave 1 by less than 100% which suffices the Rule of the Wave 2, Now Wave 3 is forming now according to the fibonacci extension levels Wave 3 extends to 161.80% of the Wave 1 that way the Target for IOB is 367.20
Greetings Folks, today i have prepared a setup of IOB on NSE the analysis as follows- -the price is at all time high - the price tried to break past it but failed, its trying again to break the ATH - the entry model has been mentioned in the chart - i am not changing my bias yet dont play with fire, always use a predefined stoploss
IOB travelling in clear trend and now in exact support ,so it may reverse from this zone if its happens will expect 30+ in 2022
Stock Analysis: IOB has broken falling channel currently on retest level, it is good buy around marked demand area with bottom level as stop loss for the target & percentage given on the chart. let's see. Happy Investing!
Hello Welcome to this analysis about IOB , we are looking at daily timeframe perspectives. IOB in recent times heavily decreased with bearishness however it now moved into an oversold condition. IOB is developing here that will be a decisive factor in the upcoming times. I discovered the main formation IOB is developing here that will be a decisive factor in the...
Indian Overseas Bank Bullish continuation Flag Breakout with Good intensity of Volume, MACD positive in both tide and wave Daily and Hourly, positive Oscillators along with BBC Bullish Ungali setup, All the key levels are mentioned in chart with Stop-loss and Targets. Disclaimer I am not sebi registered analyst My studies are Educational purpose...
NSE:IOB Well IOB will face Resistance at 13.75 as per weekly chart and then it will go for 17.3 and then 28.4. one can keep trailing above T2 This view is as per weekly chart so keep in mind holding period must be minimum of 3 Months.