IOB --- marching towards 40
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IOB marching towards 40
cmp is 32.70
gave a breakout at 28 levels last month and after some small consolidation rising again towards 40
at 40 zone will face resistance
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
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1st target of 40 achieved made high of 40.35
will face resistance at this zone. after overcome this hurdle it will resume its upward journey towards 50 and then 100
Trade attivo
booking profits around 55/60 or by end of september will be good idea
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