sandmehta2014

BANKINDIA, Buy - Head & Shoulder Pattern

Long
sandmehta2014 Updated   
NSE:BANKINDIA   BK OF INDIA
ENTRY: 50.65
TARGET 1: 53.60
TARGET 2: 53.60
SL: 49.25

Positives:
- RSI Divergence
- Making higher highs.
- Good Volume buying on 2nd August.
- Breaking Trendline.
- Trending above 50 MA.
- Head and Shoulder Pattern

Negatives:
- Still in Downtrends
Trade closed: stop reached
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