BOI: Expecting Good Momentum1. Respecting the Dz.
2. Iniating buy at CMP
3. RRR is favourable.
4. Expecting break of trendline & EMAs.
5. Overall price structure formation is looking strong and bullish.
6. Buyers should soon dominate the price.
Bankofindia
BOI Showing Strength with Vol., Good Q3 and Below BV.NSE:BANKINDIA is showing strength with volumes getting picked since two days after good Q3 Numbers and RBI Liquidity Inject in the System. It is still trading below its book value of 155 Rs.
Bank of India posted a good set of numbers as fresh NPA accretion declined on a sequential basis. Margins were partly impacted due to lower margins on international book. Loan growth was healthy during the quarter. Lower credit costs and contained opex helped the bank post a good rise in net profit.
F&O Activity:
Significant Long Build-up with 105 PUT Showing Significant OI addition.
Trade Setup:
It can be a Good 1:2 RISK-REWARD Trade with the recent swing low being crucial. The stock closed above 20 DSMA.
Target(Take Profit):
115/116 Levels for Swing Trader and 155 for Positional Trader.
Stop-Loss:
99/100 For Swing Trader and Recent Base of 89-91 for Positional Trader.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Bank Of India Daily timeframe analysis for long
NSE:BANKINDIA was in narrowing range over several months, now with increasing volume above 109 with SL 100.
Major Targets Highlighted in Blue lines, sub targets in grey lines.
BANK OF INDIA | LONG TERM INVESTMENTHi Traders,
This is Bank of India Monthly Chart.
This Best time to invest for long term with small
SL which is 12 Rupees.
Strategy - This Power Of Stock 5 EMA Monthly Candle
Note - This is only for education purpose
BANK OF INDIA - ' W ' PATTERN BREAKOUT IN MONTHLY TIMEFRAME Can Enter at CMP or 101
Target - 180, 270, 420
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK OF INDIA - Swing Trade - 7th March #stocksBANK OF INDIA (1D TF) - Swing Trade Analysis given on 7th March, 2024
Pattern: FALLING WEDGE BREAKOUT
- Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Retest & Consolidation - In Progress
#bankofindia
Bank of India: Target 10% with 1:1 Risk-RewardAs we can see at the chart, the price has made a significant upward movement, breaking out from a pattern called a 'symmetric triangle.' Currently, the price is trading above a specific line when we observe it on a daily basis. There are two ways we can consider entering a trade:
1.If the price comes back to the breakout level (resistance) and stays above it, we can consider entering the trade.
2. if the price doesn't retest the resistance, but instead shows a strong increase in trading volume with a noticeable large candle, that could also be a good signal to enter the trade.
We can aim for at least a 10% gain from this level while maintaining a reasonable 1:1 risk-reward ratio
It was just for demonstration purpose, Do not take it as reccomdation.
Bullish Pattern AlertPattern : Falling Wedge/ Triangle
Symbol : Bank of India
Description : Broken long term resistance, structure positive, pattern target indicates very good return potential.
Remember : Technical patterns are just one piece of puzzle. Conduct further research, consult financial advisor and manage your risk appropriately.
BANKINDIA Monthly analysisBANKINDIA now 88
Long bull run pending
Once break Trendline at 105 in Monthly chart
BANK OF INDIA Weekly Chart Potential Breakout LevelBANK OF INDIA Weekly Chart Breakout
If BANK OF INDIA Daily chart close above @86.30 then go for Bullish run on Short Term Perspective.
::Data Point::
Potential Breakout Level: @86.30 (Entry Point)
StopLoss Level: @76.50 ( approx. 10%)
1st Target Level: @101.50 (approx. 18%)
2nd Target Level: @110.00 (approx. 27%)
Bank Of India | Triangle Pattern Breakout | Swing TradeBank Of India | Triangle Pattern Breakout | Swing Trade
1) Triangle Pattern Breakout
2) Breakout and good consolidation and upward momentum
this is just a view and trade at your own risk
BreakoutChart -> Bank Of India Daily
CMP: 83.20
Good Range To Buy: 80 to 84
Targets: 89, 99
SL: 79 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
BANK OF INDIA SWING TRADE OPPORTUNITYSimple Trade: Swing entry opportunity in Bank of India on a Daily Time frame.
Stock has taken a support on 200ema on a daily time frame which coincides with the support line formation updated on chart.
Look for Risk Reward of 1:2 as mentioned
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Note: This idea is for Education purpose only.
1D BANKINDIA (Bank Of India) - Short Position1. Pinbar formed at S/R level
2. Fibonacci Retracement 61.8% confirms that S/R level.
3. Trendline is in perfect position for the pinbar which acts as trendline.
4. Stop Loss and Take Profit levels are perfectly mentioned in the chart window.
5. Once Take profit level reached, try to sell half of your stocks position there and move your stop loss to breakeven and run another half stocks for freedom.
Thanks by
Pupathi Sadagopan
DOUBLE BOTTOM IN Bank of IndiaThe stock has formed double bottom in Day time frame.
It has given a neckline breakout too.
Can go long at current market price (75.50).
The height of the bottom can be taken as Target(84.00).
Buy Bank of IndiaAccording to chart anylasis its trade in parallel channel and make higher high and lower low. So according to chart buy @50 or above for target Rs. 60-70++. Special situation stock. Keep SL 42 below.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalBANK OF INDIA
On weekly time frame, falling Wedge chart formation
& Now trading at wedge upper channel
Risky Buy Call
To buy above 54-55 levels
for short term targets of 5-10%
Keep 3-4% tight SL on closing basis & also Trail SL to maximize Profit.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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Bank of india ITS A GOOD BUY AROUND 52 53 as per previous chart pattern it has taken support twice around 53 and after that stock gives good move
BANKINDIA - Ready To ReverseBANKINDIA has been a down trending stock since many years. There is a Change in momentum in Monthly timeframe.
Going to buy the falling knife.
BANKINDIA
Buy-Between 45-50
Sl- 35
T-70 90 100 130
