Niftyadviser
Short

Bank of India, Bank India

NSE:BANKINDIA   BK OF INDIA INR10
39 4 2
Hi all,

This entity has open and started below cloud today as well as major 20-50 MA crossover. Wait for it to retrace near 114 level and then short it for good risk reward ratio of 1:2 for first target and 1:3 for a second target.

However, if close below 110 today one can STBT it for immediate first target.

Trade with atleast 2 lots in option and book profit at each target with trailing the rest at breakeven.

Thanks.
Now trail your position with breakeven SL.
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Thanks.
Reply
Bank of India first target achieved. Rest of your position trail with SL of 109.80
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Today's high of 109.4 so our 1 position is still being trailed with 109.8 SL.

Thanks.
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