BANK OF BARODA as per Day Chart Analysis Stock ABOVE 192 TARGET 196
FII Net selling at 1131.67 Cr and DII Net Buying at 772.29 Cr. As such FII are in selling mode and need to wait watch for next week.
Had Posted on 07.12.2022 for the stocks HIKAL, FACT, GUJARAT AMBUJA EXPORTS, GOKUL AGRO RESOURCES & ITC and among these ITC never went to our entry price and rest...
BANK OF BARODA posted on 01.12.2022 stock ABOVE 173 TARGET 176. And Today 07.12.2022 Stock made a High 176 and Closed at 176.
Today 07.12.2022 Again FII Net selling continue to 1241.87 Cr and DII Net Buying at 388.85 Cr.
There is a Possibility for Nifty to touch 18425 Level. So lets wait and watch...
Happy Profitable Trading to All...
Gap Spotted in Bank of Baroda which is waiting to be filled
Observe how it fills the gap, Might be that the stoploss gets triggered but fair probability that it wont.
Focus on Probability and Risk Reward !!
BANK OF BARODA
Stock on daily chart form Double bottom pattern and Now at Resistance levels
Safe buy above 106 levels, for very short term targets of 110-115 levels.
If triggers today one can carry this as a BTST as well.
Buy on day closing basis.
Above levels are for education purposes only
Do your own analysis before taking any trade
Multiple bullish signs in bank of baroda
The stock has given 3 month old trend-line breakout and closing above 20 EMA . It’s making an ascending triangle pattern and testing it’s strong resistance zone .
In case there is rejection from ……
1) On 1day time frame, we can see kind of rounding bottom formation and it gave closing above 115 level.
Next breakout level is 116.
Please refer below chart : 1day time frame.
2) On 15min time frame, rounding bottom pattern formation.
Please refer below chart : 15min time frame.
📌 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...