PranamGhagare

BANKBARODA - 240MIN - Ready for reversal ?

Long
PranamGhagare Updated   
NSE:BANKBARODA   BK OF BARODA
Bank of Baroda has been in a descending channel for the past month. The stock has formed this reversal channel at an important daily support zone. The stock created a double bottom formation last week giving more indication of a reversal.

Stoploss - 88.65
Target 1 - 99.05
Target 2 - 103.35
Target 3 - 107.30

Disclaimer
This content is for information and educational purposes only and should not be considered as a piece of investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital which you are prepared to lose.
Trade closed: target reached:
Target 1 Reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.