Bank of India stock has been in a strong uptrend since mid-March this year. The 4 per cent rise on Monday has taken the share price well above an intermediate resistance level of ₹126. It also indicates that the uptrend is intact and is gaining momentum. Cluster of supports are there in the broad ₹126-120 region. So, intermediate dips are likely to be limited and short-lived. Bank of India’s share price can rise to ₹145 in the coming weeks.

Today's Stock Recommendation: June 10, 2025

Video Credit: Gurumurthy K

Traders can buy Bank of India stocks now at ₹129. Accumulate on dips at ₹126. Keep the stop-loss at ₹119. Trail the stop-loss up to ₹132 as soon as the stock goes up to ₹136. Move the stop-loss further up to ₹137 and ₹140 when the price touches ₹139 and ₹141, respectively. Exit the longs at ₹143.

(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)

Published on June 10, 2025