Bhel, Rallis India: Missed buying these stocks earlier? Here's your chance

The recent correction in the mid-, small-cap stocks provides a good entry point in these counters, technical charts suggest. Buy now for the long term.

Bank of India (BANKINDIA)
Likely target: Rs 75         
Upside potential:  12%

Although, the counter failed to conquer the 200-weekly moving average (WMA) currently placed at Rs 81.40 levels, it has not lost the medium-term bullish outlook yet, as per the daily chart. Since late 2020, Bank of India stock has traded firmly above 200-days moving average (DMA) placed at Rs 64 levels. As per the chart pattern, the stock can see a reversal going ahead, which could see the counter hit Rs 75, which also is its 50-DMA. CLICK HERE FOR THE CHART