dravya

MAY Watchlist - Stock No. 2 - BANKINDIA

dravya Uppdaterad   
NSE:BANKINDIA   BK OF INDIA
As shown in chart,
this is an important level for the stock ,

price has returned to these levels after months
with a huge upmove.

I expect a reversal from here in the short term.

If you notice, last time too it approached it strongly but then reversed.

I will look for short in the first days of May,
with a minimal SL .

Upon a certain level above the line,
I'd look for long in the medium term with levels below the line as SL.
Kommentera:
Around 3% down as of now.
Trade stängt: målet nått:
Intraday profits done.

3.75 % down on closing.

Exited at around average of 3%.
Kommentera:
Will look for long opportunities above the line.
Trade stängt manuellt:
Chart closed. May ended. Straight down fall.

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