Understanding the Current Technical Trend
As of 04 December 2025, I O B's technical trend transitioned from bearish to sideways. This change suggests that the steep downtrend that had been weighing on the stock may be stabilising, but a clear upward momentum has yet to be established. Sideways trends often indicate consolidation phases where buyers and sellers are in relative equilibrium, awaiting fresh catalysts to drive the next directional move.
The stock closed at ₹37.81, slightly below the previous close of ₹38.16, with intraday trading ranging between ₹37.70 and ₹38.18. This price action remains closer to the 52-week low of ₹33.01 than the high of ₹59.90, reflecting the stock's subdued performance over the past year.
Key Technical Indicators: Mixed...
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