BOI: Expecting Good Momentum1. Respecting the Dz.
2. Iniating buy at CMP
3. RRR is favourable.
4. Expecting break of trendline & EMAs.
5. Overall price structure formation is looking strong and bullish.
6. Buyers should soon dominate the price.
BANKINDIA trade ideas
BOI Showing Strength with Vol., Good Q3 and Below BV.NSE:BANKINDIA is showing strength with volumes getting picked since two days after good Q3 Numbers and RBI Liquidity Inject in the System. It is still trading below its book value of 155 Rs.
Bank of India posted a good set of numbers as fresh NPA accretion declined on a sequential basis. Margins were partly impacted due to lower margins on international book. Loan growth was healthy during the quarter. Lower credit costs and contained opex helped the bank post a good rise in net profit.
F&O Activity:
Significant Long Build-up with 105 PUT Showing Significant OI addition.
Trade Setup:
It can be a Good 1:2 RISK-REWARD Trade with the recent swing low being crucial. The stock closed above 20 DSMA.
Target(Take Profit):
115/116 Levels for Swing Trader and 155 for Positional Trader.
Stop-Loss:
99/100 For Swing Trader and Recent Base of 89-91 for Positional Trader.
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BANK OF INDIA - TRENDLINE BREAKOUT - DAILY CHART.Bank of India gave breakout of the Trendline. There is probability of it going up.
Seems a buy above 105.
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Bank of India Approaching Key ₹110 Level!Bank of India Ltd is nearing its breakout level of ₹110, with its current price at ₹104. A breakout above ₹110 could indicate bullish momentum. Potential targets are ₹115, ₹120, and ₹130.
Bank India | Head & Shoulder Breakout | Swing TradeBank India | Head & Shoulder Breakout | Swing Trade
The provided information is for educational purposes only, not trading advice. There's a risk of being completely wrong.
I am not Sebi registered analyst. My studies are for educational purpose only.
Happy Trading!!
Bigfoot Academy
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. Bigfoot Academy is not an investment adviser and the information provided here should not be taken as professional investment advice. We are not responsible for you profit or losses that you may incur. So Please Consult your financial advisor before trading or investing.
Bank of India: Evaluating Recovery PotentialTechnical Analysis: Cypher Pattern and Support Levels
Bank of India has formed a Cypher pattern in its stock chart and has experienced an overall decline of 80% from its peak. Currently, the stock is finding good support around the ₹1100 level, indicating a potential recovery phase for investors.
Fundamental Performance Overview
Revenue Growth: In the latest financial results, Bank of India reported a 15.95% year-over-year increase in advances, reflecting strong growth in its loan portfolio, which is higher than its five-year compounded annual growth rate (CAGR) of 8.86%.
Net Profit: The bank's net profit surged by 61.58% year-over-year, reaching approximately ₹2,421.29 crore for Q2 FY24-25. This significant increase demonstrates effective cost management and improved operational efficiency.
Price-to-Earnings (P/E) Ratio: The current P/E ratio stands at around 5.6, which is relatively low compared to the sector average, suggesting that the stock may be undervalued based on earnings potential.
Reasons for the Significant Decline
The substantial decline in Bank of India's stock price can be attributed to several factors:
Economic Slowdown: The broader economic slowdown and challenges in the banking sector led to increased NPAs and reduced investor confidence.
Market Volatility: Fluctuations in market conditions and investor sentiment negatively impacted the stock performance.
Regulatory Challenges: Regulatory pressures and changes in banking policies may have contributed to uncertainty regarding future profitability.
"Bank of India shows strong long-term""Bank of India shows strong long-term potential with consistent support around ₹95 and bullish indicators. Analysts suggest a target of ₹153, making it a promising pick for long-term investors. Accumulate on dips and stay updated with market trends!"
Amm of India Up-trend pattern Bank of India share is showing up-trend pattern base on the candle analysis method because which broken their down-trend last month and strength their line in up movement so 1st target is 135 and 2nd Rs155 with short time .the stop loss is Rs103
Bank Of India Daily timeframe analysis for long
NSE:BANKINDIA was in narrowing range over several months, now with increasing volume above 109 with SL 100.
Major Targets Highlighted in Blue lines, sub targets in grey lines.
BANK OF INDIA | LONG TERM INVESTMENTHi Traders,
This is Bank of India Monthly Chart.
This Best time to invest for long term with small
SL which is 12 Rupees.
Strategy - This Power Of Stock 5 EMA Monthly Candle
Note - This is only for education purpose
BANK OF INDIA - ' W ' PATTERN BREAKOUT IN MONTHLY TIMEFRAME Can Enter at CMP or 101
Target - 180, 270, 420
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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BANK OF INDIA , LONGBank of India , Comes on Weekly Support.
Anchor Vwap Support ,So its a Confluence Area
Entry can be planned todays Break of high of Current Candle , with a stop loss of Swing Low. Positional Call With a target of Target 1 @ 150, Target 2 @200.
Look good on chatt Look good in chart We can see good rally in next month. Study purpose only I'm not sebi registered
Look good on chatt Look good in chart We can see good rally in next month. Study purpose only I'm not sebi registered
Bank of IndiaHello and welcome to this analysis
Since end Jan we have see the stock consolidate and drift down, prior to that for 4 years the stock gave a strong rally.
Crucial support at 90-95 with strong resistance at 150.
Investors could look to accumulate as medium to long term outlook remains very strong.
Had covered Union Bank of India earlier this month. Link is given below, can check the analysis for it too.
Happy Investing
Bank Of India - Short term 10-15% returnBank of India with support level 117
short term buy around 122 to 126
with target of 135+
on long term with with target 150+
falling wedge - monthly - Bank indiafound falling wedge pattern in Bank of India monthly chart, target and SL are mentioned in chart
LongPSU sector is bullish
Stock is good for long..
FII increase stake..
Only for education purpose
I m not SEBI registered...
Bank Of India for 66% biggest profitCMP 123
Target 201Rs( 66%)
Next average at 101( Invest same amount at 101Rs level)
duration : 1.5 year.
Bank of India made reversal from trendline support and now its looking great at this level of 123Rs...downside is limited to 100Rs
Belongs from PSU sector which is already bullish .
nothing is negative for this counter.
You can invest big amount also
Be invested and grow your wealth .
BOI most underrated stockWith the book value of 155 trading at 120 BOI is most underrated stock
One who believe in long term holding buy it and hold till 5 years
200 1st target
270 2nd target
350 3rd target
500 4th target
BANKINDIA - nice setup to study and take positionNSE:BANKINDIA
cmp 125
one can take position here at 125 or wait for BO above 157
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
Bank of india Parallel channel working in bank of india , long investment idea perfect stock , for first target is 180,,,,
