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

1월 28일

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.

📌Thank you for exploring my idea! I hope you found it valuable.

🙏FLLOW for more
👍BOOST if useful
✍️COMMENT Below your views.

Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.

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.

1월 29일

액티브 트레이드

Gave a Swing of 111.17 today

1월 30일

노트

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

1월 31일

노트

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

2월 3일

노트

Down 4% Today after Budget Reaction

2월 4일

노트

Up 2.8% Today