Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Bank of India. The stock has surged over 3 per cent on Tuesday and has closed on a strong note. This indicates that the upmove in the stock is gaining momentum. Moving average crossover on the daily chart also strengthens the bullish case.
Strong support is in the ₹119-118 region which can limit the downside. Bank of India share price can rise to ₹132 in the coming weeks.