mdhaamu
Long

BOB - Channel Support

NSE:BANKBARODA   BK OF BARODA
BOB has taken channel support and bouncing from that support; so one can go long for target of 175, 180, 185. SL 160.
Trade active
Trade active
Trade closed: stop reached
SL hit, exit or wait for bounce?
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Thanks for the chart. Can you he understand on how you derived the target figures of 175, 180, 185? And why you did not keep your final target as the top trend line (200+) ?
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mdhaamu anuragcoma15
@anuragcoma15, The said targets are for futures valid till august month. BOB may heading towards top of the resistance. The consolidate move can happen over 2-3 months time. Hopefully u can understand now.
If you play in cash u can take delivery for the upper band :)
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