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WavesandZones

IOB Good Investment Opportunity !!!

Long
INDIAN OVERSEAS BK (NSE:IOB)  
WavesandZones  
NSE:IOB   INDIAN OVERSEAS BK
Trend Analysis Wave Analysis Supply and Demand iobbank IOB indianoverseasbank PSU psubank nseindia nsestocks nse nsebank
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trendanalysis waveanalysis supplyanddemand iobbank iob indianoverseasbank psu psubank nseindia nsestocks nse nsebank
snapshot

As per the Annual chart, Wave 1 is a 3 Wave Sequence structure,

snapshot

Wave 2 has retraced Wave 1 by less than 100% which suffices the Rule of the Wave 2, Now Wave 3 is forming now according to the fibonacci extension levels Wave 3 extends to 161.80% of the Wave 1 that way the Target for IOB is 367.20

snapshot

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