BANK OF INDIA: Banking stock specially PSU banks have kept up bank nifty. All PSU banks are strongly poised to move up. The prices have moved up from the daily TS, as of now the prices are inside the kumo, once a breakout is registered the Bank of India is expected to reach 83 levels, the next level of resistance. Till the prices are above 63 the analysis stands true.
Double Top @ 72.05
Another Crucial Level @ 76.50
If its breaks the two level above
mentioned we may see @ 87.60 Level
soon
If Its fail to break the resistance @72.05
then we may see @ 67.80
For Long to Keep SL @ 58.80 TGT 95 & 106
For Swing to Keep SL @ 65 TGT 79 & 87
Follow Us on Telegram for More Updates @tradingfreaks95 (TradingFreaks95 )
This Chart is Bank India. If Break and Close above Trend line of 1 hr Time Fame with Volume. Buy above high of Breakout candle and SL is BO Candle's Low.
Target is Trailing SL of BO Candle Range for positional Trader
After making triangular pattern breakout has happened on the upside. Also retested the BO point which confirms the Breakout.
Follow me for regular updates on new trade Ideas.
Bank Of India (BANKINDIA) weekly chart study - Triangle bottom
Trade in the direction of breakout. Expecting a breakout on bullish side based on RSI divergence (minor evidence). Still its advisable to wait for the breakout before buying.
BANKINDIA (Bank of India) BUY ABOVE 93
Stock gain momentum today, and if it crosses it's previous resistance of 93, then stock may go up to 95 and next target will be 97 & 99.
Bank of India has finished a probable flat as part of its correction to the upside. I think its going to be in a 240 pullback before the next move. This pull back could give a low risk / high reward entry. There's no sell setup and even if one manages to sell, I don't think its going too far down. Also, we are at a very low level on the weekly so the probability...
Bank of India is an India-based bank. The Bank's segments include Treasury Operations, Wholesale Banking and Retail Banking. The Treasury operations segment includes the entire investment portfolio, which is dealing in government and other securities, money market operations and foreign exchange operations. Its Wholesale Banking segment includes all advances, which are not included under Retail Banking. Its Retail Banking segment includes exposures, which fulfill criteria, including exposure (the maximum aggregate exposure of approximately five crore rupees), and the total annual turnover is over 50 crore rupees, which means the average turnover of the last three years in case of existing entities and projected turnover in case of new entities. It operates through a branch network of approximately 5,020 domestic branches and over 60 overseas branches. Its subsidiaries include BOI AXA Investment Managers Pvt. Ltd., BOI AXA Trustee Services Pvt. Ltd and Bank of India (Tanzania) Ltd.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
BANKINDIA
