IOB has respected 33-33.5 level since 2016 and is now trying to break this for the 4th time.
Considering the momentum in PSU Banks, strong long term resistance band & a lose Inv Head & Shoulder pattern in formation, this is a great pick for next week.
Entry - Above 33.5
SL - 31.5
Target - 39, 42
Thanks
Piyush Gupta
Learn & Earn
Considering the momentum in PSU Banks, strong long term resistance band & a lose Inv Head & Shoulder pattern in formation, this is a great pick for next week.
Entry - Above 33.5
SL - 31.5
Target - 39, 42
Thanks
Piyush Gupta
Learn & Earn
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.