AbhishekHSinghCMT

Bank Baroda - Bang on Target- Picking the top@191.70

Short
NSE:BANKBARODA   BK OF BARODA
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36
Wow! - One Stock pays for all & patience gives you more than expected- is the lesson which I learnt from markets over 10 years of experience rather than trading in pieces- try to catch big fish which I did & helped community to be a part of the BOB.

You would love to read previous updates on BOB

Will BOB bang the ceiling 190-200 ---- 191.70 high updated within the post

15-20 points in 2 way journey

Looking for retracement from 162 highs- got it from 162to 153-154 zone

Bank Baroda 2016 Diary-Updates in Year 2016 lucrative trading setups which turned real.
Comment: 12:11 Hrs 13th Feb2017

Last Price@171.35

Put expiry 23rd Feb2017 - an explosive up move from 9-10 to 18-19. One should run like a thief taking all money especially if one is getting into options.
Trade active: 14:12 Hrs 13th Feb2017

Last Price@170.50

Bank Nifty not looking good for upside - likely has a chances to break downside in that case BankBaroda can target 161-163 Zone next going below 169
Trade active: 08:49 Hrs 15th Feb2017

Last Price@168.80

Its a sideways range for BOB unless it moves above 172 or below 166 - it is not worth trading because it will spend time in the range post sharp fall from 188-190 zone previously.
Going below 166 - likely it will look for the zone 160-162 if holds, then we book profit & wait outside to see market reaction.
Trade active: 11:05 Hrs 16th Feb2017

Last Price@165

Held as expected slightly above 160-162- made recent low@162. 75 - now we wait for the bounce to sell again.
Trade active: 21:32 Hrs 24th Feb2017

Last Price@168

162.75 still intact against -looking for a bounce, which it has started & possible target 175-177 zone where a fall from 190's to 162.75 -it gets retraced by 50% & in earlier sessions 175-177 zone has seen multiple sellings.
Trade active: 18:15 Hrs 1st March2017

Last Price@165

Crossing above 171 likely we get a push to 175-177 zone where we take profits in short term long positions -watch carefully as price slips below 175 later or crosses 180 mark to decide next.

Trade active: 08:55 Hrs 11th Sep2017

Last Price@136.80

This is how we started moving in down from 200 highs -respected the channel above 191 highs close in 200 -210 zone.
The fall becomes history.
Trade active: 19:32 Hrs 15th Oct2017

Last Price@139.55

Can Trump Hold - Bank of Baroda Above 135 - Well Only- Market Knows - what we know as a trader is 135 was the key level when trump got elected as U.S. President in Nov2016 -Market Zoomed upside & BOB came back to 135 exactly one year later in 2017.
So, Below 135 - some more pain could be stored for BOB.
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
https://twitter.com/TalksWave

Comments

is it buy now?
Reply
@AMBRISH, We still don't have confirmation likely if it crosses 145 mark then we need to check again.
Reply
AMBRISH AbhishekHSinghCMT
Reply
Thanks for sharing this info.
Reply
Wonderful bro !!! The best ever Complete chart, I have seen in recent times..
Reply
Hi Abhishekji,

Today BOB closed below @169 can it fall to 161? shall i take short on tomorrow for the mention target? Please advise. however bank nifty also looking week.

Kind regards,
Anand Kumar
Reply
@Ankumar2016, updated above
Reply
Can i short BOB tomorrow and what should be the stop loss if i short BOB at 168.Thanks
Reply
@akj91, Won't suggest to enter in between either you wait for a bounce in the zone 177-180 to sell or sorry you missed the opportunity at the top.
Reply
sir can i do this with jet airways means option instead of trading in stocks can i do it with options is it the same that is if price goes up in stocks will it move in options also pls carify
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