BANK OF BARODALong
BANK OF BARODA CURRENT TREND AND 92-105 CLOSING BASIS IMPORTANCE
Updated
bank of baroda was in long term down trend ..
after making base it trying to go up.
for long term based on monthly chart .
current pattern formation and indicators is positive..
92-105 approximate area is important to cross and sustain
on looks like based on chart trendline.
so one who observing upmove ,
it is just simple review on current trend ..
no confirmation on upside or down side.
decide on ur own..
as per ur risk u observe it.
after making base it trying to go up.
for long term based on monthly chart .
current pattern formation and indicators is positive..
92-105 approximate area is important to cross and sustain
on looks like based on chart trendline.
so one who observing upmove ,
it is just simple review on current trend ..
no confirmation on upside or down side.
decide on ur own..
as per ur risk u observe it.
Note
as one can see it is 2 years resistance area but one see as per chart it is almost 12 years old trendline resistance area .if b.o. happen and fundamental and market and news of individual stock and sector remain positive ...it may be give good move in long term ..
otherwise as usual
Note
above 92 now cmp 102 ..next level 105 to watchNote
105
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