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viswanathreddykurla
Jan 31, 2022 1:20 PM

Bank of Baroda - Possible BO Long

BK OF BARODANSE

Description

1. Inverse Head & shoulder pattern formed. (Possible BO from here)
2. Price also formed symmetric triangle (BO & retest completed) within the H&S pattern.
3. Entry suggested after proper breakout.

Targets as per previous swing highs:
Target 1 : 133
Target 2 : 157

Target as per Inverse H&S Pattern: 177

SL : Low of Right shoulder

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