Bank of india weekly chartbank of India trading at an important level on weekly chart. cant say its going to reverse since it has not made any kind of pattern at this level. yet the historic trend indicated that it will act as a support.
BANKINDIA trade ideas
BANKINDIA BULLISH BUTTERFLY PATTERNHello
Welcome to this analysis about BANKINDIA, we are looking at daily timeframe perspectives. BANKINDIA in recent times heavily decreased with bearishness however it now moved into an oversold condition. BANKINDIA is developing here that will be a decisive factor in the upcoming times. I discovered the main formation BANKINDIA is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how BANKINDIA has emerged with this key BULLISH BUTTERFLY PATTERN marked in my chart with the black boundaries. BANKINDIA is near support region which is an important support and also psychological support-mark together with the lower-boundary of the BULLISH BUTTERFLY PATTERN a pullback
In this manner, thank you for watching my update-analysis about BANKINDIA and its major BULLISH BUTTERFLY PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
Bank of India can hit 158Buy closing above 75 for target of 158.
Remember it may take time not short term target.
Bankindia triangle pattern breakout Triangle pattern breakout retest and today it's boomed... Targets mentioned on chart.. Short term target 80 and long term target is 110 measured as per previous pole length..
Triangle Pattern broken and Retrace levelStock Analysis: Bank india on retracement level, it is good buy around current level with below demand zone as SL for the target given on the chart.
Let's see..
Happy Investing!
Falling WedgeBank India look good on current price level once brake the upper trend line on monthly basis...expected targets are given on the chart.
Let's see..
#BOI #BANK #BANKING #BANKINDIA #NIFTY #BANKNIFTY #TRADE #INVEST #BANKINDIA
Bank Of India Ltd.
CMP: 43.95
Invest Now
Target I: 48
Target II: 52
Bankindia can go upBank India can go up, wait for BO and restest and enter with good R:R.
** Eductional purpose only **
This is my personal view, please do ur own research before taking any investment decision.
This view is negated if breaks the lower support.
BANK OF INDIANSE:BANKINDIA
THE RELIANCE DEAL WITH FUTURE RETAIL IS GONNA BE A BREATHER FOR BANK OF INDIA
ONCE IT CROSSES 54 AND SUSTAINS, ITS GONNA HIT 59. IF CLOSES AND SUSTAINS ABOVE 59, 66 IS WHAT IT CAN TRY TO BREACH
CAUTION - IT MIGHT GAP UP
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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