Bank of India high volumecharts on different time frame showing strength in volumes, indicators are favorable.
* only for study purpose
BANKINDIA trade ideas
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.
Breakout in Bank of IndiaStock Name-BANK OF INDIA
Enter at CMP & do average till 80 only
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Above level 88 XABCD will be activated.
If sustains above BOS then it more to go.
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Only my view.
Mid to Long term.
Strictly follow Sl
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I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
Bank Of India : 28% to 150% Upside PotentialUnderstanding the Price behaviour can save you a lot of money and make you a lot of money as well.
BOI 11 Sep 2023
The stock was showing a good price action for the past couple of weeks, Likely to BO above the 2 years resistance level of 100.
In Play : HH-HL
Summary
• Trading above VAH
• Next Resistance 100 zone(round number and SH)
Conclusion
• CMP 97
• Higher Targets could be around
o Short Term : 102/116
o Mid/Long Term : 155-180-219-254
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Bank of India: Target 10% with 1:1 Risk-RewardAs 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 can consider entering the trade.
2. if the price doesn't retest the resistance, but instead shows a strong increase in trading volume with a noticeable large candle, that could also be a good signal to enter the trade.
We can aim for at least a 10% gain from this level while maintaining a reasonable 1:1 risk-reward ratio
It was just for demonstration purpose, Do not take it as reccomdation.
BANK OF INDIA BANK OF INDIA Breakout above 95 we can consider we can see more upmove in upcoming days and psu banks index also breakout.
BANK OF INDIA LONG Time period: 2 years
If it crosses 101.45 then
Entry price : 101.50
Stop loss : 47.90
Target: 201, 202, 203
Breakout and closing.Price closed above its previous high and ready for new high.
Buy on dip is the moto in this stock. Upside short term targets are marked.
Maintain SL
Bullish Pattern AlertPattern : 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.
Bank of India …Bank of India on weekly chart . Ready to move with double bottom or w patterns.
Target will be 96 and after that 100
BOI - Descending Triangle PatternBank of India has given a breakout for descending triangle pattern and one can look for buying the stock for 87 & 90 price targets with a stoploss of 79 on closing basis.
PS - THIS IS JUST FOR EDUCTAIONAL PURPOSE AND PLEASE TRADE ON YOUR OWN RISK AND WITH CONSULTING YOUR FINANCIAL ADVISOR
BANKINDIA Monthly analysisBANKINDIA now 88
Long bull run pending
Once break Trendline at 105 in Monthly chart
BANK OF INDIA Weekly Chart Potential Breakout LevelBANK 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%)
Clear breakout with strong support Stock has broken it's resistance line with support of 200 EMA seems having potential of 20% from CMP, good to add near 78-79
BANKINDIA - Weekly AnalysisIn the Weekly Chart of BANKINDIA ,
we can see that, it has given Trendline Breakout.
Let it retest and then Enter with SL and Target.
Bank Of India | Triangle Pattern Breakout | Swing TradeBank 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
BreakoutChart -> 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.
#Bankofindia cash : Looks good around 80-82 #Bankofindia cash -Positional call
20.07.2023
Buy around 80-82 zone For 94-95-100/120
Trendline Strong breakout and Swing high broken too
Cmp 83.20
