BANK OF BARODALong
Long Term Opportunity in Bank Of Baroda
Updated
Go Long above 99.95 for Targets of 138.15 and 176.35 with SL 61.75
Reasons to go Long :
1. A bullish chart pattern, Double Bottom (W pattern) is formed.
2. Also the stock took support from its strong support zone (marked with purple color) and is moving up and may go till the resistance trendline (marked with red color)
3. In addition to this, the stock will give a minor Trendline breakout once it crosses our buying level.
Reasons to go Long :
1. A bullish chart pattern, Double Bottom (W pattern) is formed.
2. Also the stock took support from its strong support zone (marked with purple color) and is moving up and may go till the resistance trendline (marked with red color)
3. In addition to this, the stock will give a minor Trendline breakout once it crosses our buying level.
Trade active
Entry triggered on 25 Oct 2021.
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