Abhijit_Paul
Education

BankBaroda - Flags Fly half-mast

NSE:BANKBARODA   BK OF BARODA
BankBaroda is within a clean Flag and as it consolidates after the recent sharp rally, momentum indicators have dropped to create overhead space to go overbought again. This will fruity, if we get a breakout above the 151-152, essentially the long red bar's high (i have marked the level with the dotted blue line). On the downside, a dip & close below the recent lows will negate this possibility. Technical Analysis should be for everyone - https://goo.gl/zQavHm

Comments

amazing sir , reminds me of a class with you sir you always said flags fly half mast.
Reply
The breakout you were expecting has happened today, closing above 154. What can be the target now?
+2 Reply
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