Bank of India: Big Channel Breakout

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