BANK 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
As 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...
Pattern : 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 now 88 Long bull run pending Once break Trendline at 105 in Monthly chart
BANK 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 Trade 1) Triangle Pattern Breakout 2) Breakout and good consolidation and upward momentum this is just a view and trade at your own risk
Chart -> 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.
Simple 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 If you like my Ideas please share it with your friends and community. Note: This idea is for Education purpose only.
1. 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...
The 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).
Bank of India- Imp. Resistance 100, Next Resistance- 145
According 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.
BANK 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. ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please...
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
Bank of India above 57 can reach out to 65-90, SL below 57
Double bottom reversal in Bank of India. good opportunity
long for target of 67 and maintain stop loss of 59
BANKINDIA 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