BankIndia has broken its support level of 302 and can test 260 in coming time. Traders are advised to avoid any long position from this. Buying interest can be seen if it takes support at next support level of 260. Anyone having long position in this stock is advised to stay away from it for sometime. Fresh buying at these levels are also not advisable.
Higher volumes are seen at the current fall and we can witness more selling pressures in coming time.