Bank of Baroda Breakout Analysis !!

πŸ“ˆ Bank of Baroda πŸ“‰

This Stock broke out from a Resistance zone of 105-108 after testing twice. I am biased on long side because todays candle is strong green.

On Buy Side I am looking for Targets of 118.

StopLoss should be kept at 105.
It offers 1:1 Risk Reward.

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade closed: target reached:
Target of 118 achived.

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