BANK OF MAHARASHTRA
Long
Updated

Turn around stock

BOM has crossed 0.61 fibo level.
Trend changed with hugh volume support.
Major resistance at 30.30.

Bank have also turned from hugh losses to profit in last 2 years.
So positive outlook for future.
Note
Even though the volume vas good.
But the breakout has been failed, and the stock has breaked the support line.

Disclaimer