BANCOINDIA :: LONG (Bull Flag Breakout / Retest)

Initial buy :: 185 - 195

Initial S/L - 175

Add more near 210-215 (if price sustains or retraces)

Trail using SuperTrend Indicator

Use FIB Levels or Channel Top for Target reference..

Reasons for increased probability::
-- RSI breakout and Price / RSI are making HH & HL

-- Price broke the bullish flag pattern with decent volumes and retested.

Caution : Smallcap Auto stock... Prefer allocating <5% of your capital.
This is just a probability and trade only if you know about "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.

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