vaidhynathdubey

BOB is about to make high.

Long
vaidhynathdubey Updated   
NSE:BANKBARODA   BK OF BARODA
1. Reverse head and shoulder ( 15 minutes chart)
2. RSI is strong
3. 1:2 RR can be taken.
Comment:
it could be a good positional buy. one daily charts ADAM and EVE pattern has been seen with support of 86 target 90/95 in next 2 to 3 weeks.
Comment:
trail stoploss 89.25
target 94
Comment:
88 is still intact.
long buildup in future also shows strength.
98 target is still on.
Comment:
1.today nifty fell 200 points but bank nifty make new ATH.
2. BOB made positive close, future open interest shows long build up that too top 5 build up.
3. target at 98/104/114
Comment:
target is still intact.
no change in view
Comment:
target 98 achieve.
next target 104
trail stoploss 94.
Comment:
miss target by 1 rupee.
trail stop loss 99. although till quarter result long buildup might be strong.
only buy view.
Comment:
trailing stop loss get hit. although closing above 105 new target 115. 95 zone is still strong support.
Comment:
after 3 attemt BOB closed above 105. 104 stoploss closing basis .
target 114

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