BANK OF BARODA
Short
Updated

Bank of Baroda for aggressive traders

Since from last April BOB is trading inside the Bull channel, Price has managed to make higher highs on rising trend line, Currently Price manged break higher low with the RSI Oscillator divergence, Currently RSI mid-line broken today with Higher- low. Traders can go short on CMP(182) with target-170 Maintain Stop-loss 188, (R:R 1:2) Risky traders trail your targets
On higher channel profit booking is seen in futures as per Open interest data today
Change in Open Interest -65,87,000
% Change in Open Interest -21.93
Data NSE INDIA

Feel free to ask your queries

Risk Disclaimer
Trading is risky before investing, Do your own research.
Trade closed: target reached
After price recorded low 166.60 yesterday our earlier take profit 1 was @ 170 safe traders booked profit.
Note
Closed full position!! Enjoyed big trend!!

Disclaimer