praveen.bhatiya

Bank of Baroda Long Inverse Head & Shoulder

Long
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.

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What next possible move... up
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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.
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