BOI Showing Strength with Vol., Good Q3 and Below BV.

28 Jan

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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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.

29 Jan

Dagangan aktif

Gave a Swing of 111.17 today

30 Jan

Nota

Gave a Swing of 113.19 today Swing Traders Can book, Aggressive Traders can Continue Trailing the Stop Loss

31 Jan

Nota

Gave a good Pullback making a wick and closed in green.

3 Feb

Nota

Down 4% Today after Budget Reaction

4 Feb

Nota

Up 2.8% Today