HelloSambhav

Bankbaroda | Breakout of channel pattern for 66% 🎯

Long
HelloSambhav Updated   
NSE:BANKBARODA   BK OF BARODA
⭕ Positional Trading opportunity ! weekly Chart Alert !!!⭕

--Buy above =67.60 or CMP
--Target = 112.60
--Stop-loss = 52.20
--R:R =2.92
--Expected Profit = (66 % )
--Expected Holding = 1-3 Months only

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) Bank of Baroda has given the breakout & possibly retest again so, one can wait for it or else buy a little quantity here & buy more after retest
2) Volume activities in all the psu bank is very large & they can show a big move ahead
3) Target is based on the pattern height
4) 36 weeks of Accumulation with double bottom

Guys check out the related ideas as well, it will work really well GUARANTEED !

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Trade closed: target reached

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