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Bankofbaroda

Bank of BarodaLooking Bullish Trend Impulse has been started, One can go Positionally Long now or in dips till 68 buying zones 68 to 75, with positional stoploss of close below 61.50, for Targets of 83.50, 90.30, 97.10, 106.80, and finally 119.00. The key Levels Daily time frame price action Breakout Along with RSI Breakout ADX Bullish Bollinger Disclaimer I am not sebi registered Analyst My studies are for Educational purpose only Please consult your Financial Advisor before Trading or Investing.
NSE:BANKBARODALong
by RK_Chaarts
Bank of BarodaBank of Baroda (NSE Cash) Hourly Charts (Medium to Short Term + Support and Resistance Levels) My first impression on looking at the hour charts is that this is a very weak stock at this level as I have drawn a clear downtrend line and the candles are not even trying to break this line as of now. Keeping the judgement aside, I will now get on to the reason of using the hourly charts which is finding the right Support and Resistance. The support is seen at 71.60 levels which is not very far from the CMP. The first impression may be proved wrong as we can see the Bank of Baroda is bounced back after taking support at the mentioned levels. There is a resistance at 77 and 79 levels and this should be our target if we are going long in Bank of Baroda. Daily Charts (Medium to Long Term) This correction in Bank of Baroda can be treated as an opportunity to make long positions if you are an investor. The targets in medium term should be placed around the 90 levels.
NSE:BANKBARODALong
by virralthakkaar