Bank of India is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The stock has broken a support level in the short term and given a negative signal for the short term trading range.
Our Bank Nifty option tips gets you profit. Check it now.
The stock is testing support at rupee
102. This could give a positive reaction, but a
downward breakthrough of rupee 102 means
a negative signal. Volume has previously been
high at price tops and low at price bottoms.
Volume balance is also positive, which
strengthens the trend. The stock is overall
assessed as technically positive for the
medium long term.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
