POSITIONAL LONG IN BANKBARODA!!(DEC FUT)!!
Updated
POSITIONAL LONG IN BANKBARODA
VIEW
-EARLY I HAVE MENTIONED IN MY OTHER POST THAT PSU ARE IN DEMAND
-STOCK IS BREAKING OUT OF ROUNDING BOTTOM AND INVERTED HEAD AND SHOULDER PATTERN
-FIRST IT WILL FIND RESISTANCE AT 200-DMA
-IF BREAKS WE ADD MORE
-IF FAILS WE BUY ON PULLACK TO 102-14 LEVELS FOR BIGGER TARGET
TRADE VIEW
DEC FUT
BUY@104.5
STOP100
TARGET@110
LOT:4500
QTY:2
-THIS IS A MOMENTUM TRADE WE ARE WAITING FOR BREACH OF 200-DMA FOR POSITIONAL TRADE
VIEW
-EARLY I HAVE MENTIONED IN MY OTHER POST THAT PSU ARE IN DEMAND
-STOCK IS BREAKING OUT OF ROUNDING BOTTOM AND INVERTED HEAD AND SHOULDER PATTERN
-FIRST IT WILL FIND RESISTANCE AT 200-DMA
-IF BREAKS WE ADD MORE
-IF FAILS WE BUY ON PULLACK TO 102-14 LEVELS FOR BIGGER TARGET
TRADE VIEW
DEC FUT
BUY@104.5
STOP100
TARGET@110
LOT:4500
QTY:2
-THIS IS A MOMENTUM TRADE WE ARE WAITING FOR BREACH OF 200-DMA FOR POSITIONAL TRADE
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*index update and oi analysis
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