AbhishekHSinghCMT

BANK BARODA 2016 Diary- 135-145 key support zone

NSE:BANKBARODA   BK OF BARODA
9
Trump Trendline coming from 135 lows should hold BOB decline as that is crucial if there is any upside push left
Breaking 135 & channel shall be the clue for a downside move of BOB in 2017

In the charts below -click the charts & use load bar feature
Looking for a bigger trump tower

Did not hold above 177-178 for Target zone 190-195
Trade active: 19:27 Hrs 2nd Jan2016

Last Price@148.90

As expected in below mentioned post -BOB could attempt 155-156 where it faces resistance & a fall could be expected to 147-148 zone.
Today it opened at 154.60 to resistance of 155-156 & had a sharp fall to 147-148- we shall wait to see whether the trump trendline holds because that be buying opportunity or going above 155-156 zone next.


Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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