IOB --- marching towards 40
Diupdate
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
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booking profits around 55/60 or by end of september will be good idea
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