NSE:BANKINDIA ✅ #BANKINDIA trading above Resistance of 85 ✅ Next Resistance is at 101 ✅ Current Strength in PSU banks is positive for BANKINDIA Related chart: 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...
Bank of India- Imp. Resistance 100, Next Resistance- 145
If this breaks it can go upto 83 it’s been already a good upmove and now it formed a symmetrical triangle and even volume is above its 20 Sam
NSE:BANKINDIA Monthly Analysis for longer period Trendline Breakout Since 2020 it has consolidated and gave good breakout with strong volume.
Stock has come out of the Inverted H&S pattern and with the breadth of the head the projected target is 82% and long term target can be 300%
Golden crossover of 50 SMA over 200 SMA with stok making a double bottom, suggestive of a trend reversal and a bullish signal.
Buy if RSI goes above 50 in 4 Hours chart ENTRY: 48.70 TARGET 1: 50.95 (@ Weekly Pivot Resistance) TARGET 2: 52.50 SL: 48.20 Positive: 2) Above Day pivot 3) BB baseline support Negative: 1) Downtrend 2) Risky Trade
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
ENTRY: 50.65 TARGET 1: 53.60 TARGET 2: 53.60 SL: 49.25 Positives: - RSI Divergence - Making higher highs. - Good Volume buying on 2nd August. - Breaking Trendline. - Trending above 50 MA. - Head and Shoulder Pattern Negatives: - Still in Downtrends
XABCD Pattern in the long term, already broken the trend in monthly time-frame and there is strong support around 40. SL: 38 Tgt1: 82 Tgt2: 100 Final Tgt: 195
Bank of india near breakout. Results are good and dividend declared. Expecting t1 75 t2 100
According to chart anylasis BOI buy at lower level @45 or above and immediate target 50 then after 55-60++ Very strong movement we can see in this stocks.
According to chart anylasis its trade in parallel channel and make higher high and lower low. So according to chart buy @50 or above for target Rs. 60-70++. Special situation stock. Keep SL 42 below.
BANK OF INDIA HAS FORMED A FALLING WEDGE PATTERN IN A DAILY TIMEFRAME. the stock is yet to give the breakout of supply zone. entry can be taken after the stock closes above the price of 54 in daily timeframe. we can expect a 20 - 25% return on the stock. keep an eye ********** PLEASE FOLLOW RISK MANAGEMENT ***************
1.4 Year Breakout Awaited Might be some merger news
Falling wedge pattern is developing. Above 55 is a breakout level.
According to chart anylasis @57 or above for target 60-65-70++ immediate target