IOB / INDIAN OVERSEAS BANK - 4 months consolidation Breakout

2 ก.พ. 2024

INDIAN OVERSEAS BANK

1) Time Frame - Weekly & Monthly.
2) The Stock has been in a consolidation / Downtrend since (September, 2023). Currently the stock has given a breakout & Closed with strong bullish momentum & Good volume in weekly time frame.
3) The stock may reach the January, 2015's high (64.65) in short Term.
4) Recommendation - Strong Buy

5 ก.พ. 2024

บันทึก

As mentioned previously, The given target around the price (64 - 15%) from the given price (56.20) is achieved.