Trade Setup for Date 18-10-2021:
Most of the levels will remains the same as per previous setup.
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support,...
Stop Loss:- 82
The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. It is also symmetrical triangle pattern. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use...
Stop Loss:- 80
Duration:- 3 to 4 Weeks
The stock has already break the resistance line and showing a bullish candle, which is a clear indication of upside move. It is also symmetrical triangle pattern, which just have completed by this upside breakout, so we can buy this at market order. Use proper stop loss...
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. ...
A good symmetrical Triangle breakout has happened in bank of baroda ... The important thing is that , the breakout has happened in the last 4hr candle... So surely buying pressure will continue in next week .
BUY BANK OF BARODA AT CMP OR SAFE ENTRY ABOVE 88 (BREAKOUT)
SL BELOW 77 ON DAILY CLOSING BASIS
TARGETS 95, 100
Disclaimer: All Charts are for educational purpose. Please consult your financial advisor before investing.
Price breaks the important resistance level and failed to hold the momentum and returned to the previous levels below the important support. Now once again price is all set to break the resistance and jump up.