Bank of India
Hello and welcome to this analysis
Since end Jan we have see the stock consolidate and drift down, prior to that for 4 years the stock gave a strong rally.
Crucial support at 90-95 with strong resistance at 150.
Investors could look to accumulate as medium to long term outlook remains very strong.
Had covered Union Bank of India earlier this month. Link is given below, can check the analysis for it too.
Happy Investing
Since end Jan we have see the stock consolidate and drift down, prior to that for 4 years the stock gave a strong rally.
Crucial support at 90-95 with strong resistance at 150.
Investors could look to accumulate as medium to long term outlook remains very strong.
Had covered Union Bank of India earlier this month. Link is given below, can check the analysis for it too.
Happy Investing
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