Symmentrical Triangle Formation in Bank Baroda(Daily TImeframe)

Apr 10, 2023

Baroda Bank is making Symmetrical Triangle pattern. Duration of this pattern is more than 8 months so we can consider it as a reliable pattern. Greater the duration taken by an underlying, more reliable it can be. So keep an eye on Baroda Bank and wait for Breakdown/Breakout. One can initiate the trade in Baroda Bank after crossing important levels which i have marked on the chart.

Apr 17, 2023

Trade active

Target 1= 175.85 reached

Apr 24, 2023

Trade active

Bank of Baroda Retesting. If price establishes support at this level (175.85). Then can expect next upmove towards 190.40

Jun 20, 2023

Trade closed: target reached

All Targets has been reached!