Stock of the day : Bank of India Ltd by Target Rs. 157

2026-06-10 10:35:44 am | Source: Religare Broking Ltd

Stock of the day : Bank of India Ltd by Target Rs. 157 - Religare Broking Ltd

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Bank of India Ltd

Buy Bank of India Ltd CMP 147.72 Range 146-148 Stop Loss 142 Target 157

* BANKINDIA has shown a decisive breakout from a prolonged consolidation range, backed by strong volume expansion, indicating robust investor’s participation.

* The stock continues to trade above its key important moving averages, supporting the prevailing uptrend.

* A rising trendline is strongly supporting the up-trend, as long as the stock sustains above the breakout zone, medium term outlook remains favorable.

* Investors may consider accumulating the stock within the mentioned range.

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Stock of the day : Bank of India Ltd by Target Rs. 157 - Religare Broking Ltd

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