KishanMittal

BANKINDIA - Nothing as Rocket Science!

Long
KishanMittal Updated   
NSE:BANKINDIA   BK OF INDIA
1. Price has taken good support from 62.50 levels
2. After a pullback of ~ 38%. bulls have taken back the control which was clearly visible after the price broke out above the trendline with over an average volumes (in 4h + 1d time frame).
3. With PSU bank taking control of bank nifty, these mid PSU banks can also perform well.
Comment:
Moved up sharply ~7%
Comment:
80+ levels on screen...
Comment:
today it made a high of 87..turning out be a very good trade

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