look for buy in bank of india
logic: looking like wedge/diagonal pattern
break out in weekly time frame
ACCUMULATE 110-120 for 200 and 320 target
s as they are near resistance areas
RR 1:3 AND 1:7
BSE:BANKINDIA After a big downtrend price has been able to break the trendline and create a "U" shaped recovery, and also broke Lower High, this indicates that the price has changed its temporary downtrend and shall go up.
Expecting a Long-Term Target of 216 for now.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
The stock has given a good closing today and testing it's 6 year old highs.
This is not a BUY/SELL recommendation!
This idea is for Educational purpose only.
Learn & Earn,
Dr. Tanya Kumar
NSE:BANKINDIA
cmp is 103.55
grab the opportunity in this stock
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether...
BSE:BANKINDIA Will Bank Of India go down in next trading session. Update your thoughts in comments.
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Bank of India, forming pole and flag pattern....(pole with high volume)
forming base and waiting for channel breakout..........
trade according to risk tolerance..........
BANKINDIA:- If the stock sustains by giving a breakout of 76 level, then we can see an upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get...
NSE:BANKINDIA
Trend line break out on monthly time frame.
Horizontal resistance break out on weekly time frame.
Breakout retest done on daily time frame.
Gap up opening seen in break out candle on daily time frame.
from last 66 months stock is trading between two ranges 120 rs to 25 rs (approx).Now stock is reached at 109 rs & likely to try break the last upper price (120 rs approx).Target from here 200 rs in next 8 to 12 months
