BANKINDIA trade ideas
BANKINDIA has broken resistance , Risky tradeI will look at buying BANKINDIA because :
It is at the resistance and that resistance
Will be a risky trade .
Entry : 59
Target : 69.8
Stop loss : 55.8
boi short once it reaches 60-Dear experts ,do correct me .i am an avid learner.for educational purpose only
BANKINDIA - 1 Year ConsolidationHi Investors,
BANKINDIA looks very good in long term with year-long consolidation. Above 60, we can see a trend change. So far, Patterns are repeating itself in Weekly and Daily time frames.
I hope you will benefit from this knowledge
-MetaVish
Cup and Handle in BOIWait for complete cup and handle formation, keep it in your watchlist. If the CUP AND HANDLE pattern gets complete one will get a good chance to make a position in BOI.
BANKINDIA - SYMMETRICAL TRIANGLE BREAKING UPWARDSA Bullish Engulfing (BE) is formed on a daily chart, this will breakout upwards on 4 Sep,2020
Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.
BANK OF INDIA - Trendline BreakoutKeep an eye on Bank of India. Long can be initiated above 53.75/54 levels.
BANKINDIA LONGDelivery CMP 52.55 and in Dips till 49.15 Sl 46.90 Trg 70 80
For Educational Purposes Only .
BOI looks interesting, buy with a stop loss of 48.5 Rs. Bank of India has major exposure to Future Group, the reliance acquisition news makes it a major beneficiary.
Trade carefully, hold for 58-60 Rs. targets, following 48.5 as stop loss.
Accumulate BOIStock looks good add at currents lvls for long term investment. we can expect some good rally in stock for upcoming week as Reliance retail bought Future group's retail, wholesale and logistic business.. Bank of India has highest exposure among banks with 5750Cr loan to future group..
BANKINDIA, BREAKOUT FROM ALMOST 2YR TL (CHART# 307)All explanation highlighted on chart.
Resistance around 52.75 which should be crossed on Monday to continue up move.
Thanks
Piyush Gupta
