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k314

Bank Of India (BANKINDIA) weekly chart study - Triangle bottom

BK OF INDIA (NSE:BANKINDIA)  
k314  
NSE:BANKINDIA   BK OF INDIA
Trend Analysis Chart Patterns Technical Indicators BANKINDIA BANKNIFTY psubanks
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Bank Of India ( BANKINDIA ) weekly chart study - Triangle bottom

Trade in the direction of breakout. Expecting a breakout on bullish side based on RSI divergence (minor evidence). Still its advisable to wait for the breakout before buying.
Comment: Triangle broken downwards

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