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Policy decision may trigger next move

BK OF BARODA (NSE:BANKBARODA)  
riskOmeter  
NSE:BANKBARODA   BK OF BARODA
Trend Analysis Wave Analysis bankofbaroda waves
3
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trendanalysis waveanalysis bankofbaroda waves
The scrip has faced resistance at
- 66% retracement level of the earlier 5 wave down leg; and
- falling trend line from the highs

RBI policy tomorrow, may help it to get back to 169-170 odd levels to complete the structure.

We would be keenly watching this scrip for next leg down.

Let's see how this develops.
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