Stock of the day : Bank of India Ltd For Target Rs. 129 - Religare Broking Ltd

Bank of India Ltd
Buy Bank of India Ltd CMP 121.09 Range 120-122 SL 117 Target 129
* Bank of India has demonstrated a strong recovery following a 70% retracement from its recent upward rally.
* On a broader timeframe, the stock continues to establish higher highs and higher lows, confirming the ongoing uptrend.
* This pattern reflects increasing confidence among market participants and positions the stock for a potential next leg of significant upward momentum in the coming sessions.
* Investors may consider initiating long positions within the suggested range to capitalize on the anticipated bullish trajectory.
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