Investment Idea:

Risk : Medium

Bank Of India BSE: 532149|NSE: BANKINDIA

BUY BANKINDIA with an initial target of 375

Keep stoploss between 279 and 250

The stock has some resistance at 325/330  and 355 /365.

Investors with a short term outlook can book profits at these levels.

If the stock crosses 392, the next targets would be 405 / 435 / 453