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 👍
Boi
Bank of India : Fibonacci 50 % Support Based on Principles of Fibonacci Retracement and Extensions. NSE:BANKINDIA
Period :Medium Term
Trend: Up Trend
Start Period and Price : 127.55 / 27-Jun-17
End Period and Price: 216.80 / 17-Nov-17
Based on Fib 50 % Retrenchment
Entry : 172.10 (+/-)2
Stop loss : 157.50 Strict
Target : 206.50
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