praveen.bhatiya
Long

Bank of Baroda Long Inverse Head & Shoulder

NSE:BANKBARODA   BK OF BARODA
Clearly formed inverse Head & Shoulder pattern is suggesting a long entry. Being a defensive Trader, I would wait for a retest on Neckline which means possibility of missing the trade also as it does not happen always therefore other trader can buy at appropriate level depending upon their risk appetite.
Trade closed: target reached: Booked decent profit today.

Comments

What next possible move... up
Reply
praveen.bhatiya dhirajfanish
@dhirajfanish, Setup is ready and retesting from above so one can buy the stock on seeing first sign of strength. I use any bullish candlestick formation for that matter.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out