Bank of India fired breakout to change the bearish trend
the stock trading since last two months also it retraced to crucial fibo 50% level before breakout. stock is looking technically strong but it is likely to retest the former level 113.00 support before establishing the up trend. It closed on Friday forking a shooting star
candle stick pattern, trader may short this stock slightly higher price around 125.00 for a target of 113.00.