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 trade ideas
#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.
BANKINDIA LONGClosing above previous HIGH for last 5 days.. We are 2 days late lets see what happen next.
NOTE: follow on your risk.
Thank you
200 DMA - Will it work this time for Bank IndiaThere are 5 occasions since 2016 Bank of India has been saved by 200 DMA, Now 6th time it is standing at 200 DMA, will it work for this time too. Lets watch if bounces use for longs till 155.
Bank Of India GartleyBearish and Bullish Gartley Pattern in the making. Lets see which completes first.
Yellow Bearish can still go down a bit more and retrace and still be a valid one
currently at 618 FIB of the big leg up of Blue Gartley.
Breakout - Bank Of IndiaBank of India has given breakout on hourly chart with strong volumes; one can buy for target of 160, 162 & 164. SL 155
BANK OF 'INDIA' LOOKING DOWN AT 'SRILANKA'Medium and short degree counts suggest some downside for bank of india.
Longer degree counts might disagree.
Never the less, it can be looked at for shorting opportunities in short term till the latest daily chart swing high is protected.
No stopping BANK OF INDIA nowNSE:BANKINDIA has already broken resistance near 164 with significant volume. If it breaks on the upside of the triangle as shown in the pic below, there is no stopping it from going to 177-179 levels.
Trade carefully.
Break Out - BOIBOI gave break out and the same level was retested today, one can buy Bank of India for target of 170 SL can be placed at 147.
bANK oF iNDIA IS set to test 159 soon NSE:BANKINDIA is set to test 159 soon . Made an inverted Head and Shoulder , broke the neckline with surge in volumes . Kumo Breakout also occured in the stock .
