BANK OF INDIA
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Triple Bottom Breakout - Keep An Eye - BANKINDIA

πŸ“Š Script: BANKINDIA
πŸ“Š Sector: Banks
πŸ“Š Industry: Banks - Public Sector

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is giving breakout of Triple Bottom on daily chart.
πŸ“ˆ Stock was facing resistance at 149 level, today it has given breakout and closed at 150, keep an eye on stock it may give good rally.

https://www.tradingview.com/x/QvmeFUCi/

πŸ“ˆ Script is trading at upper band of BB.
πŸ“ˆ MACD is giving crossover .
πŸ“ˆ Already Crossover in Double Moving Averages.
πŸ“ˆ Right now RSI is around 63.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 150
🟒 Target πŸŽ―πŸ† - 161
⚠️ Stoploss ☠️🚫 - 144

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!πŸ₯‚
BANKINDIAbollingersbandChart PatternsTechnical IndicatorsmacdcrossovermovingaveragecrossoverRelative Strength Index (RSI)Trend Analysistriplebottombreakout

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