 "The stock of Bank of India has maintained a strong base near 45 levels and has indicated a gradual rise")
BUY BANK OF INDIA | CMP: Rs 52.55 | TARGET: Rs 60-70 | STOP LOSS: Rs 45
The stock has maintained a strong base near 45 levels and has indicated a gradual rise. A positive bullish candle is showing improvement in the bias. The RSI indicator is also well placed and has indicated a trend reversal to signal a buy. With the chart looking good, we suggest to buy and accumulate this stock for an upside target of Rs 60-70 levels, keeping the stop loss of Rs 45.
BUY UNITED SPIRITS | CMP: Rs 585.15 | TARGET: Rs 640-660 | STOP
