Policy decision may trigger next moveThe scrip has faced resistance at
- 66% retracement level of the earlier 5 wave down leg; and
- falling trend line from the highs
RBI policy tomorrow, may help it to get back to 169-170 odd levels to complete the structure.
We would be keenly watching this scrip for next leg down.
Let's see how this develops.
Bankofbaroda
BANK OF BARODA - DAY CHART - 08.12.2022 - BAHAVAN CAPITALBANK 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 all stocks have HIT the TARGET. Iam glad most of the targets had showed good movement.
Happy Profitable trading to all...
BANK OF BARODA - DAY CHART - 07.12.2022 - BAHAVAN CAPITALBANK 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.
TARGET HIT
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...
#BankOfBaroda #StockmarketBANK 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.
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
Please Like & Follow
Bankbaroda | Breakout of channel pattern for 66% 🎯⭕ 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
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕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 !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
Simple Trade Setup | BANK OF BARODA | 27-04-2022 [INTRADAY] BSE:BANKBARODA
Observations:
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.
-------------------------------------
Trade Setup for 27-04-2022
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, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
#BankOfBaroda At Resistance 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 PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Bank of Baroda Breakout Analysis !!📈 Bank of Baroda 📉
This Stock broke out from a Resistance zone of 105-108 after testing twice. I am biased on long side because todays candle is strong green.
On Buy Side I am looking for Targets of 118.
StopLoss should be kept at 105.
It offers 1:1 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #ShorttermBank Of baroda
Head and Shoulder pattern formation on the chart
If breakout sustain,
Buy above 112.25 levels for 2-5% target
Keep on watchlist for Intraday also
Avoid Setup if gapup or gapdown.
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow