NeeteshJain
Long

Bank of India: Big Channel Breakout

NSE:BANKINDIA   BK OF INDIA
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

Comments

Thanks Neetesh
Nice analysis. Its working
+1 Reply
@ashpats, Yes, It did well. Regards
Reply
Excellent chart Neetesh ji. Keep it coming !!!!!!! Have a good weekend and recharge your batteries for action next week too !!!
Reply
congrats,
Reply
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
very many thanks for your clear & transparent posting.you r only 1 who mentioned clearly.
Reply
@DebuRoy, Thank you, wish it adds value to your trading experience. Regards
Reply
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