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NeeteshJain

Bank of India - Bearish Pennant Breakout

Short
BANK OF INDIA (BSE:BANKINDIA)  
NeeteshJain Updated   
BSE:BANKINDIA   BANK OF INDIA
boi Pennant breakout
34
25
boi pennant breakout
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
Trade active
Trade active:
Rally Begins
Trade active
Comment:
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

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