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Technicals for Bank of India Limited
By MusingTheNews
2025-10-17 20:25
Overall Technical outlook
Price Summary
On 2025-10-16, Bank of India Limited's stock began at 126.97, climbed to 127.31, dropped to 125.01, and had -1.22% to end at 125.42, with a volume of 4924458 shares. In the 52-week period, the stock's peak price is 129.31, and the lowest price recorded is 90.35. According to 6 analysts, the future price is anticipated to vary between 110.0 and 150.0, with an average expected price of around 133.16667.
Technicals
Support and Resistance: The current price of 125.42 for BANKINDIA finds support at 120.99 and resistance at 126.28. These levels define a range in which the price might oscillate, with 120.99 as a potential support and 126.28 as a resistance level. Support/Resistance for BANKINDIA
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Bank of India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for BANKINDIA, with no strong trend emerging. Bolinger Bands chart for Bank of India Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for BANKINDIA. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Bank of India Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for Bank of India Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for BANKINDIA. Tripple SMA chart for Bank of India Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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