IOBIOB
daily timeframe
i just shared my experience it is not an invite or recommendation to trade.
if youn any doubt means Please leave comments for any query.
best wishes
DYSON
IOB trade ideas
Triangle pattern at IOBTriangle pattern at IOB
Strong support
Good fundamentals
Stochastics is OVERSOLD
indian overseas bank chart analysis indian overseas bank chart analysis on daily time frame. Please share your valuable feedback.
SWING IDEA - IOB (INDIAN OVERSEAS BANK)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 market confidence in the bank's stability and resilience.
Bullish Engulfing Candle : A bullish engulfing candlestick pattern on the daily timeframe, engulfing eight previous daily candles, indicates a strong reversal and potential upward momentum in IOB's stock price.
'W' Pattern Formation : The formation of a 'W' pattern suggests a potential reversal and bullish continuation, highlighting the underlying strength and positive sentiment surrounding IOB.
0.618 Fibonacci Support : Finding support at the 0.618 Fibonacci level reinforces the bullish outlook, providing a solid foundation for potential upward movement.
Increase in Volume : Notable increase in trading volumes reflects growing market interest and potential accumulation by investors, adding confirmation to the bullish thesis for IOB.
Higher Highs Formation : IOB has been forming higher highs, indicating a trend of increasing bullish momentum and reinforcing the potential for further gains.
Target - 70 // 82 // 90
Stoploss - daily close below 54
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@visionary.growth.insights
IOB LONGbroken out of a 8 year consolidation. volumes are not that great but chart looks good for continuation. lets see.. not the fastest horse in the banking sector but will still do well.
Stock has its own character, #IOBAs we can visualize in chart, #IOB has is moving up and consolidate again. This looks like character of chart to consolidate and move up.
Like human being has own character this IOB has its own. And expecting to repeat it again.
IOB - Indian Overseas Bank - An OverviewAs per the current chart pattern and previous chart history with technical analysis, I suggest to buy this stock either at CMP or wait for the breakout as mentioned on the chart.
SAFE BUY Above 49.25
But before buying, do your own research as I am not SEBI registered person and this is not a financial advice. I am giving just my personal opinion on buying this stock
All points are mentioned on the chart itself and no need to type here
Thanks for your support as always
IOB Buy HereI believe NSE:IOB will go up with momentum from here, though it will be better to wait for a good price and go for it. My long-term target is 180$ and will trail that target from this trade.
IOB 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 making any investments . This is for Educational purpose only.
IOB Good Investment Opportunity !!!
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
Indian Overseas Bank LtdIndian Overseas Bank Ltd (1D)
CMP 39.60
- stock is consolidating in narrow Range
- Ready for Upmove from here
Already Covered at 27.05
Sector : Banking
Industry : Bank - Public
Market Cap : 74,853.55 cr.
Category : Mid cap
PE : 31.96
Industry PE : 8.27
PEG : 0.41
About Company
Indian Overseas Bank (IOB) was founded on February 10, 1937 by Shri. M.Ct.M. Chidambaram Chettyar, a pioneer in many fields. The Bank was founded by him with. the main objective of specializing in foreign exchange business in banking to take the Bank across the globe. IOB was one of the major banks that were nationalized in 1969.
Indian Overseas Bank (10B) was founded on February 10, 1937 by Shri. M.CL.M. Chidambaram Chettyar, a pioneer in many fields. The Bank was founded by him with the main objective of specializing in foreign exchange business in banking to take the Bank across the globe. IOB was one of the major banks that were nationalized in 1969.
Business area of the Bank
Indian Overseas Bank is a pioneer in many fields Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking.
Product and services offered by the bank
• Personal Banking
• Digital Banking
• NRI
• Agri/Rural
• Retail
• MSME
• Corporate/Forex
IOB looks bullishIOB looks bullish on weekly and monthly time frames and is moving upward, taking support on 40 RSI
Highlights
Increasing volume when breaking the neckline level 38
Decreasing volume while correcting the price
Weekly RSI taking support on 60 & moving back up
Even if we set stop loss below the previous swing low, we can comfortably achieve a risk-to-reward ratio of over three. Good trade for the short-term.
It has retested the neckline and moved upward, a perfect entry to make position with a slight stop loss. If the trend continues, we may see 69 levels shortly. The depth of the cup is the target from the neckline. There is resistance at 65 levels.
IOB Looking for Fresh Upmove NSE:IOB
Target - 51
SL - 38
After taking Wonderful Support at 37.45 , Stock has shown reversal with good volumes
Stock completed Rounding Bottom pattern and gave the Breakout and now retested it's Support .
#IOB TRADE IDEA SETUPGreetings 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
off to 60on the verge of long term trendlime breakout ..buy if available at RSI support or if breaks 47
with volume for a target between 60-62
IOBThese are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
This content for only education purpose!
I am not SEBI Register.
INDIAN OVERSEA BANKNSE:IOB
Buy Entry @ 17
Target @ 25
Stop Loss @ 14
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best of luck..
Shakthi
IOB looking bullish on daily TFIOB is been making rounding bottom or cup and handle pattern. If it continues the up trend, it is good for a short term trade. Buying around 30 would be a great entry point which will give you 1 : 2 RR with stop at 19.
Strength Gaining Stock! #IOBStrength Gaining Stock!
Indian Overseas Bank #IOB
1- Cup & Handle Formation
2- MACD Positive Crossover
3- Moving up with High Weekly Volume
Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
DADA TipLooks good on chart
Just reverted back from the lower levels instantly after falling
Only for educational purpose.
IOB Triangle BreakoutIOB has broken triangle pattern on monthly timeframe, it is good buy around marked demand area for long team with below level as stoploss for the given target..lets see..
