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Thursday 10 January 2013

Bank of India - Trading Idea 10th January

10/01/2013 17:26 IST: BoI opened at 370 and quickly hit first target of 371 then gradually fell to a low of 360 and finally closed at 365.8. Now 366.4 should act as resistance. Any open and sustained move above 366.4 is a buying opportunity and sustained price below 366.4 is short sell opportunity for a target of 352

Buy Bank of India above 367 for Targets 371, 374 and 379. Stop Loss is close below 366


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