Bank Of India technical analysis

According to the latest Pivot data, Bank Of India’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹116.48, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹118.49, ₹121.31, and ₹123.32, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹113.66, ₹111.65, and ₹108.83, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Bank Of India’s price movement.