Bank of India Long Term Swing TradeBank of India has already given breakout and retest on the upside. You can hold this till 101 and keep the stoploss at 53.
BANKINDIA trade ideas
BOI near breakoutBank of india near breakout after long consolidation
Buy closing above 55 for target of 85 and 100
Long term stock looking good for very much high targets. but let it cross 100 first :)
Buy bank of india Buy bank of india near 51.40 with stop loss 49.50 for 25 % gain in near 3-4 month NSE:BANKINDIA
BankOfIndia bouncing from supportsThe stock is bouncing from its support levels with volume confirmation..
Look to Buy with today's low as stop loss for a target of around 66 to 75
BANKINDIA | Swing TradeOpportunity to earn 10% in Swing Trade
CMP: 54.30
SL: 52.70
Target: 56.15 | 57.75 | 60.35
( Targets calculated on the basis of Fib.)
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing.
I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
bank of india correction not ended yetthis scrip is currently moving in downward triangle pattern, one may look to add position @48 levels with a stoploss of 44,target1 is 70 and target2 is 110. for those who are already in this scrip may add their position at given levels.
BankIndia is at an important stage to go up or downBankIndia is at an important stage to go up or down :
Reasons/Traits :
• Came to test the trend line
• Volumes are high
• Todays close is higher than recent lower high
• Price above 13/20 and crossed 50 EMA today and inching to 200 EMA
• Price above VWAP
• Increased open interest, high deliveries
What can happen next :
Scenario 1 : Price sustaining above 62.5 levels can take it to 65/67.5/70/75/80/85 levels
Scenario 2 : Price break down below 60 can take it down to 55/50/45 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
BANKINDIA BUYBuy BankIndia CMP tgt 67-70-73++
Results are brilliant, looks promising...
Happy Trading
BANKINDIA :: LONGBANKINDIA :: LONG
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Buy Range :: Below 60.85
S/L :: 57.4
Target 67+
Trail using FIB Levels or SuperTrend Indicator
/**
Caution : PSU Bank stock... Prefer allocating <10% of your capital.
This is just a probability analysis and trade at your own risk.. And re-read "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
Trend line breakout has broken out of falling trendline (multi-week) & now attempting a break-out of dynamic resistance (targets marked in blue dotted lines)
Bank Of IndiaAfter Canara Bank the other bank PSU banks are also showing strength.
Bank of India had one of its best quarters in many years.. and the stock could now be breaking out of a downward channel.
The stock has already crossed above its 200EMA and also AVWAP of this entire fall..
As long as the stock stays above 59 its a solid medium term investment. (Deep SL coz its more an investment grade stock than just a quick fire trade)
IF your looking to trade it then SL would be 62.
Bank of India Bank Of India
Respected the trend line. Volume is above average. Stock to watch.
Disclaimer : This chart is only for educational purposes. Before taking any position kindly do your own research. Follow the Risk Management rules.
BANKINDIA :: LONG (Trendline reversal)BANKINDIA :: LONG (Trendline reversal)
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-- Price took support from Long term Trendline few weeks ago and making HH & HLs.
-- Price also broke the Falling wedge resistance line and held for last few days
Buy Levels :: 56-57 Initial S/L 52
Add more above @ 62.5
Use SuperTrend Indicator to trail your SL
/**
Caution : Midcap PSU Bank stock... Prefer allocating less than 5-10% of your capital. And consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
Is it a valid Wolfe patern???Elliot wave 2 correction seems over... Both Elliot wave and Wolfe wave are suggesting a violent move.. let's see
BANK OF INDIA WTFBANK OF INDIA WTF long to chance and volume continues increase and 29 percent is target and small sl
