Bank of India - Bearish Pennant Breakout
Updated
It is been observe on the daily chart that the price action breaks out from a bearish pennant pattern, indicating a further fall to downside.
Target: 130
Stoploss: 144
Target: 130
Stoploss: 144
Trade active
Trade active
Rally BeginsTrade active
Note
Hold your shorts until the price action closes above 141-142 levels.Trade active
Trade active
Trade active
It shall break the support of 136 levels today.Trade closed: target reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.