Bank of baroda is consolidating just above it's all time high in triangle pattern breakout can lead to a multibagger rally please check weekly time frame you will get more clarity
Stock is trading at 10 years of resistance and can expect a good breakout. Closing above 205 will be a good opportunity to enter in the stock. Targets are huge 1st targets at 221, 2nd target at 256, 3rd target at 297.
Only for Educational Purpose.
Do your own research.
Stock Name - Bank Of Baroda
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 145.
#This is not Buy and Sell recommendation to any one. This is for education...
Bank of Baroda : NSE:BANKBARODA
Stock is consolidating since 11th of July 2022 and with todays positive close with good buying in last 3-4 hours it looks this stock is set to continue its upward journey once it closes above 109-110 range. But as our stop loss have been planned somewhat deeper to avoid unexpected volatility we can consider going long once stock...
NSE:BANKBARODA
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called...
BankBaroda has posibly started an impulse towards north, recently it has retraced 61.8% of last rise, which we can say wave 2nd of some degree has been completed near 92 level, we can assume that now new impilse as a wave 3rd of some degree has been possibly started, which can show levels towards north upto 144 or more, trend indicators are also suggesting same,...
NSE:BANKBARODA
Firstly I wish all my friends A very Happy & Safe DIWALI, Take at most care with your KIDS !
We have planned a DIWALI Gift to all my MO family members , Please check out or ping on my direct chat !!
#BANKBARODA whooping 4%
Bagged 22K alone.
All other scripts shared today are ready with results, check out.
Happy DIWALI once Again !!!!!!!!!!!
*Only for learning purpose*
There is a visible Cup and Handle Formation on Weekly chart of Bank of Baroda. You can check the charts for some details. Kindly suggest and advice if I made a mistake in this observation.
And as far as I believe, this is supported with increasing volumes, visible on charts.
NSE:BANKBARODA
Observations:
1) On 1 day time frame, we can see it closed below critical level of 88.
88 level is critical resistance now.
Previous resistance of 85 level has been broken and now 85 level will work as support.
Also we can see, inverse head and shoulder pattern.
Please refer below chart : 1day Time Frame. ...
Bank of Baroda at the verge of giving breakout and looking good Buy for upper marked targets on the chart.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BANKBARODA
Buy-Between 80-85
SL-72
T-100 110 123
Mid Term targets- 110 145
All PSU Banks seems to be in a cyclic change. One by one we are getting entry in PSUBANKS.
![BANKBARODA: Simple Trade Setup | BANK OF BARODA | 12-10-2021 [INTRADAY]](https://s3.tradingview.com/i/igURE9aA_mid.png "Simple Trade Setup | BANK OF BARODA | 12-10-2021 [INTRADAY]")
![BANKBARODA: [SHORT-TERM] BANK OF BARODA](https://s3.tradingview.com/g/GxNFx1Bg_mid.png "[SHORT-TERM] BANK OF BARODA")
