Bank of India Ltd is nearing its breakout level of ₹110, with its current price at ₹104. A breakout above ₹110 could indicate bullish momentum. Potential targets are ₹115, ₹120, and ₹130.
Reliance Infrastructure given a breakout in Weekly and Daily TF 63days range and is packed with volume of 18.907M (Average 30days volume is 5.68M). It might touch 250 soon and if it will sustain above 250 then it can touch 280/300 also in near future.
The 56 weeks consolidated range contraction was 820 points (52.47%). And we expect the range expansion towards 5000 in near future. Mainly this breakout backed by huge volume also on weekly chart.
