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Technicals for Bank of India Limited
By MusingTheNews
2025-04-25 20:25
Overall Technical outlook
Price Summary
Bank of India Limited's stock dived -2.77% today, reflecting an lacklustrending market day. Bank of India Limited's stock started trading at 118.57 on 2025-04-25, climbed to 118.57, fell to 113.7, and closed -2.77% lower at 115.29, with 10249280 shares traded. The highest price the stock achieved in the past 52 weeks is 155.65, while the lowest price it saw is 90.35. The future price of BANKINDIA is anticipated to range from 100.0 to 145.0, with an expected mean price of 123.8, according to the recommendations of 5 analysts.
Technicals
Support and Resistance: The current price is 115.29, with support at 110.12 and resistance at 117.81. This range suggests that the price might move between these levels, with 110.12 offering support and 117.81 capping further gains for Bank of India Limited. Support/Resistance for BANKINDIA
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Bank of India Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Bank of India Limited
Parabolic SAR: The PSAR for BANKINDIA continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for Bank of India Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Bank of India Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for BANKINDIA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for Bank of India Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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