IOB is consolidating on weekly charts and has already given breakout on charts. IOB Q2 results are on 26th October and there could be more volatility on this stock. I will open this trade next week if it manages to close above 81.35 and gives break out above 82.50 for a target of 90, 111+ (short to medium term) with a stop loss of 77.
Disclosure/Disclaimer and FAQ
*If you have any questions, queries or need more explanation, leave comments below also please don't forget to LIKE my page. Our commitment to you: we want to make money with you, not from you. We execute all trades that we share with members at our personal account. If you lose we lose too. If you profit, we profit too. Contact us at [email protected] if you have any questions.
FREE SUBSCRIPTION
IOB Trading near 81.10. If it manages to close above 81.35 or if gives break out above 82.50. I will long this script.
ReplyDeleteIOB could not manage to close above 81.35 and there was no break out above 82.50 and see what happened to it...CMP 71.65.
ReplyDeletenice analysis..
ReplyDelete@ Jay - Thanks for appreciating.
ReplyDelete