Niftyadviser

Bank of India, Bank India

Short
NSE:BANKINDIA   BK OF INDIA
61 views
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.

Comments

Today's high of 109.4 so our 1 position is still being trailed with 109.8 SL.

Thanks.
Reply
Bank of India first target achieved. Rest of your position trail with SL of 109.80
Reply
Thanks.
Reply
Now trail your position with breakeven SL.
Reply
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