Bank of India, Bank India Short

BK OF INDIANSE

Description

⋅ Nov 2, 2016 9:09 AM

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.

boi bankofindia

Comments

Niftyadviser

⋅ Nov 7, 2016 11:13 AM

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

Thanks.

Niftyadviser

⋅ Nov 4, 2016 11:48 AM

Bank of India first target achieved. Rest of your position trail with SL of 109.80

AMBRISH

⋅ Nov 4, 2016 4:20 AM

Thanks.

Niftyadviser

⋅ Nov 3, 2016 10:14 AM

Now trail your position with breakeven SL.