Bank of India: Big Channel Breakout for NSE:BANKINDIA by NeeteshJain

TradingView

393 views

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

Nov 10

Trade active: Running fast towards the target, cheers

Nov 10

Trade closed: target reached: Target reached successfully. Regards

Related Ideas

about NIFTY 14

about HDFC 4

about APOLLOTYRE 5

about HINDALCO

about NIFTY 5

about DABUR 8

about TATAPOWER 1

about USDINR 20

Excellent chart Neetesh ji. Keep it coming !!!!!!! Have a good weekend and recharge your batteries for action next week too !!!

congrats,

Is it good to buy today as the opening will be higher.Thanks

justDSingh

@justDSingh, I would suggest you to wait correction here. Regards

Thanks Neetesh
Nice analysis. Its working

ashpats

@ashpats, Yes, It did well. Regards

very many thanks for your clear & transparent posting.you r only 1 who mentioned clearly.

DebuRoy

@DebuRoy, Thank you, wish it adds value to your trading experience. Regards