IOB Good Investment Opportunity !!! for NSE:IOB by WavesandZones — TradingView

Trend Analysis Wave Analysis Supply and Demand iobbank IOB indianoverseasbank PSU psubank nseindia nsestocks nse nsebank

trendanalysis waveanalysis supplyanddemand iobbank iob indianoverseasbank psu psubank nseindia nsestocks nse nsebank

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

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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

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