MOMENTUM TRADE IN BANKBARODA !!(DEC FUT)!!

Long

BK OF BARODA (NSE:BANKBARODA)

NSE:BANKBARODA BK OF BARODA

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trendanalysis chartpattern piercingline bankbaroda futurestrading momentumstrategy positionalview pullbackbuy pullback resistanceturnedsupportbreakout

MOMENTUM TRADE IN BANKBARODA

VIEW
-THERE IS RISE IN OI +RISE IN PRICE
-PIERCING LINE
-CLASSICAL PULLBACK AFTER BREAK-OUT

CHECK PREVIOUS IDEA

POSITIONAL LONG IN BANKBARODA!!(DEC FUT)!!

TRADE VIEW:-
DEC FUT
BUY@104.5
STOP@100
TARGET 1@109
TARGET 2@115
TARGET 3@121(POSITIONAL)
LOT:4500
QTY:2

Trade active

Trade closed: stop reached

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Comments

may be not this month , but a good risk reward set up for next month in BOB ABOVE 100/105 zone if sustains on weekly a minimum move of quick 10 % is easy

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