Bank of baroda chart analysis 28 Apr 24

Bank of baroda chart analysis 28 Apr 24
CMP :- 268
Chart formed :- Bullish Pennant
1 target levels :- 271.40
2 target levels :- 277.50
3 target levels :- 284.10
stop loss :- 248
entry zone will be from :- 260-252
Major support level :- 243.75
we will see a down fall of 3%-5%
investment period : 3 months - 9 months
currently Bank of baroda formed Bullish pennant and price has touched 3 times uper trend line and 2 times lower trend line now i believe that it will touch lower trend line somewhere around 252-260 then will go to our given levels.
this analysis is for only educational purpose only.

Trade closed: target reached:

all levels hit