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Kapil-Mittal
2021εΉ΄6月5ζ—₯ζ—©δΈŠ7點46εˆ†

Rounding Bottom BO + Sudden spike in weekly volumes: IOB πŸ¦πŸ’ΈΒ ηœ‹ε€š

INDIAN OVERSEAS BKNSE

描述

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IOB Weekly: CMP 19.25 LOOKS GOOD FOR UPSIDE

1) All time high volumes

2) Could be next in line for privatization

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BO done, upwards journey starts

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Upper Circuit

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Flying above target 1

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Target 2 done

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After many requests I have finally created my Telegram channel for sharing Price Action Chart Ideas. I will also be sharing a daily toolkit for next trading day containing Intraday and Swing ideas along with Chart logic.

t.me/breakoutinvesting
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varungupta511
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@ikapilmittal Hi Kapil, could you please help educating on how you identified the targets?
varungupta511
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@ikapilmittal, looks like recent swing highs, correct?
Kapil-Mittal
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@varungupta511, Yes! I use a combination of recent swing highs and Fibonacci to identify targets
mihir2021
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in watchlist now.
Kapil-Mittal
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@mihir2021, You may trade it now, the price is near important support
ritenjee
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have observed but not sure of its next movement. are you confident?
Kapil-Mittal
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@ritenjee, No one can be 100% sure, but looking at the volumes and recent price movement looks pretty nice to me
ritenjee
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@ikapilmittal, thank you.
aruneshdeep
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@ikapilmittal should you suggest to buy iob now at 28 or not
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