Bank Of IndiaFormed head and shoulder pattern in daily chart. Close below 96.40 it's heading towards 91 levels
BANKINDIA trade ideas
Bank India -April strategy (Direction neutral)Hi All ,
No naked put/call /buy /sell , no over leverage and buying of 5-10 lots , just stick with 1 lot.
Target shown on chart. Let it go in any direction we will make money.
Following is strategy:
Buy 100 call @ 8.25
Buy 100 put @ 4.25
You need capital of 3lakh to take this trade since lot size of 6k , if you don't have don't take this trade.
Options are risky consult your financial adviser before taking any trade.
Bank of India RSI oversold, Looking for a bounce backBuy Bank of India at 105
SL strictly at 99
Target 110-115
RSI indicates oversold and it's bounce back is due.
Bank India - Hot trade Hi All ,
No naked put/call buy /sell
Folks look at daily RSI , its 13 , will anyone short this stock when RSI is 13 ?
All the bears will wait till rsi come to 40-50 zone.
Quick strategy :
Buy 100 call 1 lot @ 4.6
Sell 110 call 1 lot @ 1.6
Net risk 3 rs * 6000 = 18k .
You need minimum 3.5 lakh capital for this ,No over leverage and buy naked 5 lots , Manage your risk .
Consult your financial adviser before investing , options are risky
A LOVV STORY: of 10 Public Sector BanksIn this Nifty correction,PSU BANKS has break breaking its LOVVs(LOWS). This week most of them broke their 52 week low and Many of them are close to their LIFETIME LOWS.
Not saying that they are gonan hit their lows, just an birds eye view of whats going on in their lives
Here are 9 of them Sharing the same LOW-STORY
UNION BANK OF INDIA-->
This week it broke its 10 year low. now heading towards the lifetime low.
ANDHRA BANK-->
This week it broke its 2 year low. Now heading towards the lifetime low
CANARA BANK-->
This week it broke its 52 week low. Now heading towards 2 year low-Which is close to its lifetime low
BANK OF INDIA -->
This week it broke its 52W low last week. Now its heading towards the Lifetime Low,
ORIENTAL BANK OF COMMERCE -->
Two years ago it made its Lifetime low, now heading back towards it, after breaking its 52 week low couple of weeks ago.
SYNDICATE BANK-->
This week it broke its 2 year low. Heading towards 9 year lows, whichi is close to its life time low.
Allahbad Bank -->
Its right on the Two year low. Heading towards lifetime low thats not too far.
PUNJAB NATIONAL BANK-->
Broke its one year low. Heading twowards 2 year low, which is very close to its Lifetime low
BANK OF BARODA,--->
Sitting on the edge of the lifetime-trendline, CLosest low is a Two year low.
Bank of india - resisted at trendline, in accumulate zone w logTrendline blocked the rally. Next time take out
Long Bank India Long Bank India
cmp : 125
Target : 140 only
Duration : 8 -10 days only
Strict SL : 118 closing basis
Bank of india - Accumulation zoneBank of India at accumulation zone - buy for the long term from here on.
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
BANKINDIA - LongIt has been observed that Bank of India is near its support zone where it has recently taken support several times. Also, RSI is approaching its support level. Reversal from these levels shall take it to 185. SL - 166
#Bankindia cash : Good above 183.5#Bankindia cash
Looks good above 183.50 For 188-190/198/208
CMP 181.25
BK_OF_INDIA Head n Shoulder BreakoutBANKINDIA completed the head n shoulders, and back in the neckline. Awaiting a breakout/reversal on account of the result on friday-ish.
Bank of india Long IdeaBank of india given last swing high breakout from bearish divergence go long cmp 132 first little tgt near 150 after that 197-235
BANK OF INDIA, INTRADAYShare is moving sideways on its resistance. Either, It will cross resistance or will make bounce back.
INTRADAY
Long above 193
Target 195
Stoploss 191
Short below 190
Target 188
Stoploss 192
Bankindia flag breakout on hourlyBankindia cash good above 190.5 SL 186 Tgt 195-196/204/220/240 -Positional
BANK_of_INDIA Flag BreakoutAfter the rally up, like most banks, BANKINDIA is making a flag.Volume decreasing below average indicating the breakout in either direction is near.
Bank India Gartley Bank India Gartley
Long at/above 132.1 at completion of our ABCD with SL 127
T1 - 142.85
T2 - 152 -0.13% .3
another trade is long above 137 with 131 SL
and 142 as target
Triangle pattern formation on BANKINDIALooks like price got support at the lower line of the triangle. Also, the 200 SMA is just below it, which has proven to be a good support in the recent past. BUY if breaks above the upper resistance line. SELL if breaks below the lower resistance line and the 200 SMA.
