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NeeteshJain
Long

Bank of India: Big Channel Breakout

BK OF INDIA (NSE:BANKINDIA)  
NeeteshJain  
NSE:BANKINDIA   BK OF INDIA
breakout Parallel Channel boi bankofindia
372 8 9
breakout parallelchannel boi bankofindia
It is been observed on hourly chart that the price action breaks above the downtrending channel with a big bull candlestick indicating strong bullishness ahead. It may correct after this big move but now it shall reach out to previous resistance levels at 125 levels.

Target: 125
Stoploss: 110
Trade active: Running fast towards the target, cheers
Trade closed: target reached: Target reached successfully. Regards

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ShanTrader
Excellent chart Neetesh ji. Keep it coming !!!!!!! Have a good weekend and recharge your batteries for action next week too !!!
Reply
AMBRISH
congrats,
Reply
justDSingh
Is it good to buy today as the opening will be higher.Thanks
Reply
NeeteshJain justDSingh
@justDSingh, I would suggest you to wait correction here. Regards
Reply
ashpats
Thanks Neetesh
Nice analysis. Its working
+1 Reply
NeeteshJain ashpats
@ashpats, Yes, It did well. Regards
Reply
DebuRoy
very many thanks for your clear & transparent posting.you r only 1 who mentioned clearly.
Reply
NeeteshJain DebuRoy
@DebuRoy, Thank you, wish it adds value to your trading experience. Regards
Reply
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