NSE:BANKINDIA Bank of India nice basing??? big jump coming

Bank of India

I am building basket trading for PSB stocks ( Public Sector banks) India

bank of india has been on my radar for price action basis

Stocks is forming nice base , refuse to go down

taking support on 10 MA

BANKINDIA

Comment:

disc: Invested , for short term view , do your own research

Trade closed: stop reached:

Time and price stop reached intra day today

disc: part of the PWI LAB portfolio

Comment:

Market undercurrent is so strong ...come back to level ...
keeping in my radar
whenever get an opportunity will add

disc: no investment

Comment:

I am writing to share my decision of selling everything during the shakeout despite holding a good position in the PWI lab. 

Looking back, I realise that it was a mistake as the stock was not violating the pivots and was evidently in a stage 2 uptrend.

The moving average bounce further indicates that it is worth considering to re-enter and be thoroughly convinced.

Always good to learn something each day - picture this

good part analysis was spot on was expecting 30% plus return in few weeks...that's worked

disc: no buy or sell