Overall Technical outlook

Price Summary

On 2025-05-30, Bank of India Limited's stock opened at 119.65, spiked to 122.61, declined to 117.8, and closed 1.91% higher at 121.94, with 17457306 shares traded.
Over the past 52 weeks, the stock reached a maximum price of 135.55 and a minimum price of 90.35.
The price outlook for BANKINDIA is between 100.0 and 130.0, with an average expectation of 120.8, as estimated by 5 analysts.

Technicals


Aroon: The Aroon indicator continues to show a bullish trend, with Aroon Up remaining at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation for BANKINDIA.
BANKINDIA aroon bd609f
Aroon chart for Bank of India Limited


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
BANKINDIA bbands bd609f
Bolinger Bands chart for Bank of India Limited


Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong.
BANKINDIA psar bd609f
Parabolic Stop and Reverse chart for Bank of India Limited


Stochastic: The stochastic indicator is in a bullish phase, as the K-line is above the D-line and the 80 mark. This setup suggests strong upward momentum, implying that BANKINDIA may continue to experience gains. Investors may consider this a positive signal for continued market growth.
BANKINDIA stoch bd609f
Stochastic chart for Bank of India Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Bank of India Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action.
BANKINDIA trippleSMA bd609f
Tripple SMA chart for Bank of India Limited


To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.