Bank Of India trade IdeaThis idea is just an educational Purpose.
Target mention in Chart.
Trade at Your Risk.
BANKINDIA trade ideas
BankIndiaBuy-56-55
SL-45 Below Daily Closing Basis
Target-75-85-100++
Time Frame- Till December
Breakout & Retested..
This Bank Is Having A Good Risk Reward Ratio At The Moment.
Not A Bad Take But Allot Very Small Amount Of Your Portfolio Only..
POSITIONAL Bullish view on BANK OF INDIA. POSITIONAL Bullish view on BANK OF INDIA.
Wait for trendline breakout.
BANKINDIA - Ready To ReverseBANKINDIA has been a down trending stock since many years. There is a Change in momentum in Monthly timeframe.
Going to buy the falling knife.
BANKINDIA
Buy-Between 45-50
Sl- 35
T-70 90 100 130
#Bankindia long opportunity#Bankindia
SL-55
Target -90/102
CMP:60 @16 September 2021
Timeframe -3-6 months
#16092021 #Bankindia #Longterm investmentI have shared the rationale in the chart.
Please check. Not a buy recommendation.
To understand the process.
On Public Demand I am posting it based on public demand , I personally don't trade this script
Good luck
bankindia stock analysis CHART OF BANK OF INDIA (BANKINDIA)
1. Today we'll discuss another stock i.e. BANK OF INDIA
2. Today Date is 14-09-2021.
3. Currently stock is trading at 56.10 which is shown in image.
4. There is technical target is 84, from 56.10 to 84 is approximately 50 % upmove gain. which mean if we buy at lower price then we have good return 50 %.
5. How much time it takes to reach target, according to my analysis, it takes maximum 5-6 months
6. If we are talking about here book value this share book value is 111 and currently trading is 56.10.
7. Public have only 4.65 holding and promoter which is president of India have 90 holding. Remaining little holdings are in hands of FII and DII.
IMPORTANT RULES
8. Only invest 3 % of your capital in one stock, Please don't ignore this rule because we are investing our hard-earn money here so risk management is best part of trading.
9 We never sell stock in loss.
10. We are investing in equity share.
Disclaimer:- I'll post here stocks analysis for educational purpose where you can learn. This blog is totally educational purpose, not a recommendation of stocks buy or sell.
@BANKOFINDIA on weekly timeframe Here I’m keeping eyes on bank of India until it will respect the trend line and will make sure that lower rejection candles should be there and as we have to keep a look on fundamentals as well so company is now making consistent profit that’s good news for us to hold till our target.
As we can see trend-line is getting respected two times i.e on the weekly time and in the the middle trend line we can see support became resistance and fall
Please keep an eye on BOI so will make more money!!
BANKINDIA - Channel Movement - Possible ReversalThe stock has been in a downtrend since June, moving in a parallel channel.
Currently the stock is touching its bottom channel support line, and is simultaneously near the long term support, and is a strong candidate for possible trend reversal.
In my opinion, it is a bounce back candidate considering many reasons apart from the ones mentioned above:
- RSI is oversold
- Bank Nifty is bullish
- PSU banks are expected to be in limelight
- Price/Book ratio is 0.5, amongst the lowest in banks
Depending on your risk profile, you can either keep a stop loss at 53, or stay invested for long term considering its valuation.
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Bank of India at a support zone Will it be the next Rbl bank I think so.
The trend line is the last hope who will believe once upon a time this stock was at 550 +
made new positions or buy in delievery now in BOI immediately. testing resistance levels of before lockdown time.
strong financials dont wait for bo
Bank of IndiaThe stock has again bounced back from yearly support with good volumes. We can buy at CMP with stoploss of 70 and target of 84. In trading nothing is advanced. Use basic concepts and you will earn good profits.
Bank of indiaThe stock has again bounced back from yearly support with good volumes. We can buy at CMP with stoploss of 70 and target of 84. R:R 1:3.
In trading nothing is advanced. Use basic concepts, you will get enough profits.
BANKINDIA for long time investment- MULTI YEAR BREAKOUTOne can check this stock for long time investment.
The stock is forming a beautiful falling wedge pattern after a years
Go Long Bank of India Go long above 80.20
SL 72.90
Target 86,92,98
Stock is in contraction phase breaking of these levels we can expect some good upleg move
Just for educatioal purposes.
