Bank of India - Stock Entered Averaging Band

Authored By Prime Research | Published at: Sep 28, 2026 04:45 PM IST

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BANKINDIA

₹129.99

-5.76%

Bank of India - Stock Entered Averaging Band

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In our Quarterly Result Pick report dated Aug 6, 2026 on Bank of India, we had recommended to ‘Buy in Rs 140-145 band and add on dips in Rs 128-130 band’ for base case target of Rs 161 and bull case target of Rs 172 in 4 quarters.

Today, the stock touched a low of Rs 129.45, thereby entering our averaging band.

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