BK OF INDIA NSE:​BANKINDIA

Sell if crosses below 100 TGT 1 - 98.55 TGT 2 - 96.5 SL -107

BANK INNDIA FORMING A BEARISH DOUBLE TOP ON THE DAILY CHART.

POSITIONAL TRADE IN BANK OF INDIA MARCH FUT DOUBLE FORMATION VISIBLE ON DAILY CHART CLOSE ABOVE 91+RISE IN OPEN INTEREST WOULD LEAD TO 100 BUY@91 STOP@88 TARGET@98-100 LOT:6000 QTY:1

cmp : 83 Target Around : 87-90 Trade Duration : 6 TS Strict SL 81 - 79

Price Action.

98-100 Strong Resistant on chart

LEVELS MENTIONED IN THE CHART. Disclaimer: It is very important to do your own analysis before making any investment based on the chart mentioned here. Trade wisely!

Short below 105.2 with SL 108.1 (stop loss as per PDH 110.3) T1 104.1 T2 103.6 T3 102.3 T4 100.95 T5 99.25

Short below 103.465 with SL 107.2 T1 102.3 T2 100.95 T3 99.25 T4 98.85 T5 97.1

Short only if PDL is broken at PDL with SL at PDH or 108.2 PDL - 103.8 PDH - 107.9

Short below 103.45 with SL 108.1 T1 102.3 T2 100.95 T3 99.25 T4 98.85 T5 97.1

Short below 100.95 with SL 103.65 T1 99.25 T2 98.85 T3 97.1 T4 95.55

Short AT pdl, if the PDL is broken with SL at 101.1 PDL - 97.5

Sell with aforesaid stop loss

Bank of India Long 88.65 with 86 SL T1 - 90 T2 - 91.35

long

Short with Stoploss

ALL THE LEVELS ARE MENTION ON CHART BANK INDIA