Aditya_Singh21

POSITIONAL LONG ON BK OF BARODA(NSE) !!!

Long
Aditya_Singh21 Updated   
BSE:BANKBARODA   BANK OF BARODA
This analysis is only for educational purposes, Invest at your own risk!


  • Using the monthly chart we can locate the lowest support price i.e. between 26-36 INR.
  • The price may soon rebound an open an amazing long positional position.
  • The trade can prove to be good for positional traders who are agreeing to lock in at
    this price and wait for the price the head in the north direction
  • Traders should get in only when the price rebounds and not before that.
  • The Stop-loss should be placed bellow the lower support line i.e. below 26 INR
  • Once the price starts moving up a trailing stop-loss must be used to get out with guaranteed profits

Any kind of criticism is highly appreciated !
CHEERS!

Trade active:
The price has bounced off the predicted support level !
great time and indication to buy in!
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