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BANK OF BARODA
Long

BoB| BO from Rising Channel|50% Upside

By manuvsingh
Updated
BANKBARODA

Weekly Breakout from Rising Parallel Channel
CMP trading above all major Weekly Exponential Moving Avgs and taking Support and bouncing
RSI in Bullish Zone

Tgt: 155 - 171 - 190 - 224
SL : 125
Upside Potential : 50%

Time Frame : 3 - 12 Months
Trade active
First Target 155 achieved on 7th Nov
Keep Adding as the stock is getting stronger.
Trade active
Third Target 190 achieved on 9th Dec.

Keep Adding more on pull back toward 170-177 as the stock is getting stronger and should eventually hit 4th Target of 224 as well.
BANKNIFTYbankofbarodabreakouttradingchaukhambha_chartsDouble Top or BottomexponentialmovingaveragesParallel ChannelpsubanksrisingchannelbreakoutSupport and Resistanceweeklycharts
manuvsingh
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