BANKINDIA trade ideas
BANKINDIA - worthy of a big moveNSE:BANKINDIA
cmp is 103.55
grab the opportunity in this stock
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
$BSE:BANKINDIA Will BankOfIndia go down in next trading session?BSE:BANKINDIA Will Bank Of India go down in next trading session. Update your thoughts in comments.
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Bank of India- Multi Year Breakout. 40% potential candidate.This is for educational purpose.
Target 1 : 147
Target 2: 170
Hold for a few months.
SL: 90
Good Time for buy Bank of India for Long TermGood Time for buying Bank of India for Long Term
It is only for Educational Purposes buy after your research.
bankofindiastock making bearish pattern on the chart with lower high and breakdown will see more weekness in upcoming days
Bank of IndiaBank of India, forming pole and flag pattern....(pole with high volume)
forming base and waiting for channel breakout..........
trade according to risk tolerance..........
BANKINDIABANKINDIA:- If the stock sustains by giving a breakout of 76 level, then we can see an upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Bank of IndiaNSE:BANKINDIA
Trend line break out on monthly time frame.
Horizontal resistance break out on weekly time frame.
Breakout retest done on daily time frame.
Gap up opening seen in break out candle on daily time frame.
RBL BANK medium term looks goodfrom last 66 months stock is trading between two ranges 120 rs to 25 rs (approx).Now stock is reached at 109 rs & likely to try break the last upper price (120 rs approx).Target from here 200 rs in next 8 to 12 months
BANK INDIA GUYS AS PER ME UPCOMING DAYS ARE BULLISH FUNDAMENTALLY ALSO GOOD.
right now acts as resistance but it breaks then good up move.
Breakout and retest--Breakout and retest sustained
-- Breakout confirmed on weekly and daily chart
--PSU Theme
--Breakout along with volumes
--Target 130+ (short term)
--Stoploss is below 93
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser
BANK OF INDIAHarmonic pattern analysis is a technical analysis method used in financial markets, particularly in trading and investing. It is based on the idea that price movements in financial instruments follow certain geometric patterns that repeat over time. These patterns are often referred to as "harmonic patterns" because they exhibit a harmonic or rhythmic quality.
Here's a short note on trend analysis based on harmonic patterns:
Pattern Recognition: Harmonic pattern analysis involves identifying specific price patterns on a price chart. The most common harmonic patterns include the Butterfly, Gartley, Bat, and Crab patterns. These patterns are characterized by a series of Fibonacci retracement and extension levels, which help traders determine potential reversal points.
Fibonacci Relationships: Harmonic patterns rely heavily on Fibonacci ratios, such as 0.618, 0.786, 1.618, and others. These ratios are used to validate the existence of a harmonic pattern. When the price levels align with these ratios, it suggests that a harmonic pattern might be forming.
Trading Signals: Traders use harmonic patterns to generate trading signals. A completed harmonic pattern can indicate potential trend reversals or trend continuation points. For example, a Bullish Gartley pattern might signal a potential bullish reversal, while a Bearish Butterfly pattern might suggest a bearish reversal.
Risk Management: Risk management is essential when trading based on harmonic patterns. Traders often place stop-loss orders to limit potential losses if the pattern fails to play out as expected. Additionally, they calculate risk-reward ratios to assess the profitability of the trade.
Time Frames: Harmonic patterns can be applied to various time frames, from intraday trading to longer-term investing. The choice of time frame depends on a trader's objectives and trading strategy.
Subjectivity: One challenge with harmonic pattern analysis is its subjectivity. Different traders may interpret the same chart differently, leading to variations in trading decisions. Therefore, it's important to combine harmonic pattern analysis with other technical and fundamental analysis tools.
Backtesting: Before implementing harmonic pattern analysis in live trading, it's advisable to backtest the strategy on historical data to assess its effectiveness and suitability for your trading style.
In conclusion, harmonic pattern analysis is a technique that traders use to identify potential trend reversals or continuations based on specific geometric patterns and Fibonacci ratios. While it can be a valuable tool in a trader's toolkit, it should be used in conjunction with other forms of analysis and with careful risk management to make informed trading decisions.
BANKINDIA BREAKOUT OF CUP AND HANDLE PATTERN WITH VOLUME BANKINDIA BREAKOUT OF CUP AND HANDLE PATTERN WITH VOLUME
1) Cup and handle breakout
2) Volume is very good in breakout candle
3) Up side target same as cup size !! TARGET 161
Invest BOIMulti year break out , looking good for investment .
Targets mentioned in the charts.
Positive on PSU bank sector.
Make your own decision as markets trading all time high .
Bank of India Please note this is for education purpose only. Please do own research before you take a trade
BANKINDIA --- marching toward 125-150 zoneNSE:BANKINDIA
marching towards 125-150 zone
cmp is 89
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
Bank of India high volumecharts on different time frame showing strength in volumes, indicators are favorable.
* only for study purpose
BANKINDIA | 25-30% Targets | SwingAll information given is only for educational purposes. I am not a SEBI Registered analyst. Please consult your financial advisor before investing.
BOI long till 122 breakout from cup and handle pattern.long till 122.
not SEBI registered this is just for analysis
BANKINDIA - Long Setup, Move is ON..NSE:BANKINDIA
✅ #BANKINDIA trading above Resistance of 101
✅ Next Resistance is at 133
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
