Breaking 135 & channel shall be the clue for a downside move of BOB in 2017
In the charts below -click the charts & use load bar feature
Looking for a bigger trump tower
Did not hold above 177-178 for Target zone 190-195
As expected in below mentioned post -BOB could attempt 155-156 where it faces resistance & a fall could be expected to 147-148 zone.
Today it opened at 154.60 to resistance of 155-156 & had a sharp fall to 147-148- we shall wait to see whether the trump trendline holds because that be buying opportunity or going above 155-156 zone next.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ