#4 Bank of Baroda -Expected Breakout

May 29, 2020

BANKBARODA

Long Bank of Baroda with a target of 50 and 65 for 25 to 30 day range
SL around 35

Reasons being:
1. Expected Breakout in Long term trend line in Daily chart
2. Bullish Momentum divergence in OBV as Price is falling but OBV rises
3. Breakout in OBV trend line

Jun 22, 2020

Trade active

SL trailed to 44

Jul 3, 2020

Trade active

Trail SL to 48.35, as Stock is making Higher High Pattern, if it breaches the level of 48.35 it can again test the level of 43.