pravinpatil26
Long

Bank of Baroda Long opportunity

NSE:BANKBARODA   BK OF BARODA
141 3 6
It has been observed that Bank of Baroda is trading in Upward moving channel... Price action is near to lower band of channel and expected to move to opposite band. Long position can be created in Bank of Baroda for the target of 200.
Trade closed: stop reached: trade closed @ 165
Hi do you think that if we draw a channel support from the lows than still there is chance from support zone near 153- 155 ?
As we can see near the channel support some sharp reversals have occurred.
Reply
@nirav5, Yes Niravbhai if the lows are connected with trend line, 153-155 is the level to reverse.. thanks for suggesting
Reply
Thanks.
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