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Bank of India Share Price Target - Tomorrow, Next Week & Next Month

Bank of India Limited

Company LogoSymbol: BANKINDIA
Price: ₹128.69
Exchange: NSE
Financial Services -> Banks—Regional
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Bank of India Recent Performance

Over the past 26 trading days, the value of Bank of India's stock has decreased by ₹21.61 (-14.38%). On 25 Apr 2024, one share was worth ₹150.3 and by 31 May 2024, the value dropped to ₹128.69. During this period it created a highest high of ₹157.94 and lowest low of ₹120.80.

Below Image represents line chart of daily close price of Bank of India, helping you visualize how the price has changed day by day.

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 Bank of India Recent Daily Close Chart

Chart: Bank of India Share Price Target - Tomorrow

 Bank of India Targets For Tomorrow Chart

The line chart displays the Bank of India daily closing prices for the past 26 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Bank of India shares for Fri 31 May 2024, see the table below.

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Table: Bank of India Share Price Target - Tomorrow

By analyzing Bank of India stock with today and past crucial price points and technical indicators we derived following targets for Tomorrow: Mon, 03 Jun, 2024!

Bank of India's LevelsValueReason/Importance
Tomorrow Target 3133.69 (+3.88%)Price Action: 27 May 2024 High
Tomorrow Target 2131.95 (+2.53%)Fibonacci Extension Level 150%
Tomorrow Target 1130.45 (+1.36%)Price Action: Oct 2015 Low
Current Price128.69 Bank of India's 1 share price as of Fri 31 May 2024
Stop Loss 1128.35 (-0.27%)Price Action: 29 May 2024 Low
Stop Loss 2128.00 (-0.54%)Price Action: 28 May 2024 Low
Stop Loss 3127.14 (-1.21%)Fibonacci Retracement Level 61.8%

Summary: Bank of India Share Price Prediction For Tomorrow

Fri 31 May 2024: Bank of India finished the day at ₹128.69, gaining ₹0.64 (+0.50%) in 1 day.

In summary, our analysis of Bank of India for tomorrow predicts a rise of 1.36% to 3.88% with three potential targets T1: ₹130.45, T2: ₹131.95, T3: ₹133.69 and Stop-Loss (SL) at SL1: ₹128.35, SL2: ₹128.00, SL3: ₹127.14.

Additionally, we've identified a support level at ₹125.50 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹129.80, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.

Over the last 26 trading days, the stock has dropped -14.38%, indicating it could be a excellent option for intra day trading as it has shown big price movements. During this period, its price fluctuated between 157.94 and 120.80.

After looking at tomorrow's share price prediction, let's now check what next week might hold for Bank of India.

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Chart: Bank of India Share Price Target - Next Week

 Bank of India Targets For Next Week Chart

The chart displays the Bank of India weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.

For detailed target and stop loss values for Bank of India shares for next week, see the table below.

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Table: Bank of India Share Price Target - Next Week

By analyzing Bank of India stock with today and past crucial price points and technical indicators we derived following targets for the next week!

Bank of India's LevelsValueReason/Importance
Next Week Target 3133.69 (+3.88%)Price Action: 27 May 2024 High
Next Week Target 2132.20 (+2.72%)Price Action: Dec 2015 High
Next Week Target 1130.80 (+1.63%)Price Action: 23 May 2024 High
Current Price128.69 Bank of India's 1 share price as of Fri 31 May 2024
Stop Loss 1128.04 (-0.51%)Fibonacci Retracement Level 71.8%
Stop Loss 2126.70 (-1.55%)Price Action: 14 May 2024 High
Stop Loss 3125.10 (-2.79%)Price Action: Mar 2024 Low

Summary: Bank of India Share Price Prediction For Next Week

As of Fri 31 May 2024, Bank of India share price stands at ₹128.69, losing ₹-1.20 (-0.92%) in this week.

In summary, our analysis of Bank of India for next week predicts a rise of 1.63% to 3.88% with three potential targets T1: ₹130.80, T2: ₹132.20, T3: ₹133.69 and Stop-Loss (SL) at SL1: ₹128.04, SL2: ₹126.70, SL3: ₹125.10.

Additionally, we've identified a support level at ₹125.50 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹134.50, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Bank of India.

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Chart: Bank of India Share Price Target - Next Month

 Bank of India Targets For Next Month Chart

The chart displays the Bank of India monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Bank of India shares for next month, see the table below.

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Table: Bank of India Share Price Target - Next Month

By analyzing Bank of India stock with today and past crucial price points and technical indicators we derived following targets for Next Month!

Bank of India's LevelsValueReason/Importance
Next Month Target 3138.85 (+7.89%)Price Action: Dec 2015 High
Next Month Target 2137.46 (+6.81%)Custom Fibonacci Extension Lvl 23.6%
Next Month Target 1136.06 (+5.72%)Technical Indicator: MA100
Current Price128.69 Bank of India's 1 share price as of Fri 31 May 2024
Stop Loss 1126.70 (-1.55%)Price Action: 14 May 2024 High
Stop Loss 2125.10 (-2.79%)Price Action: Mar 2024 Low
Stop Loss 3123.75 (-3.84%)Price Action: 15 May 2024 Low

Summary: Bank of India Share Price Prediction For Next Month

As of Fri 31 May 2024, Bank of India share price stands at ₹128.69, losing ₹-26.31 (-16.97%) in this month.

In summary, our analysis of Bank of India for next month predicts a rise of 5.72% to 7.89% with three potential targets T1: ₹136.06, T2: ₹137.46, T3: ₹138.85 and Stop-Loss (SL) at SL1: ₹126.70, SL2: ₹125.10, SL3: ₹123.75.

Additionally, we've identified a support level at 125.50 — think of this as a safety net where the price might stop falling and there's also a resistance level at 157.94, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Bank of India, we created a specific page for that check here: Bank of India Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on Bank of India short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Bank of India Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter