Bank of India-Rs.297/-. CNX PSU banks index is indicating that it is positively moves up so now if we see the underlying stocks then the market can give good profits as index consists of its constituents. So BOI seems to have formed h&S pattern over a period of four to five months and it seems to break above the neck line and if its taken out then the upside break out give the target equivalent to the length of the Head which give a target of around Rs.75 so we can expect a healthy movement in the stock. stop loss at 200 day EMA below 265/-

May all be Peaceful and Happy
M.Mahiidar
Enjoying Life
Trend is friend.