Symmentrical Triangle Formation in Bank Baroda(Daily TImeframe)
Disclaimer = All my analysis is for Educational Purpose only. Before entering into any trade 1) Educate Yourself 2)Do your own research and analysis 3)Define your Risk to Reward ratio 3)Don't trade with full capital
As per my Analysis Bank of Baroda Reached my 1st Target. Now price is retesting...
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 !!
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.
BANKING SECTOR MULTIBAGGER!!
guys buy bank of baroda as much as you can it is confirmed that it will cross 175 soon ..
Here your money will be safe and you will be earning more than 100% return on your capital. So, just invest in it ..
Bank of Baroda good to buy with a target price of Rs 175. The current market price of Bank of Baroda is Rs 98.
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,...
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. ...
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 and maintain discipline throughout the...
Buy At cmp
Stop Loss71.65(CLOSING BASIS)
THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD...
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COMMENTS WRITE DOWN...
It has formed rounding bottom pattern on daily time frame. Breakout of it seems to be happen in coming days.
But I have mentioned safe trade levels on either side. Better to wait and let this levels break and then take trade.
Do comment your doubt or suggestion.
Looking 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
I am not...
So as we can see it have perfectly broken the head & shoulder pattern if you have shorted it you must have made a good profit but this suggestion is for tommaro. As mentioned on chart blue line shows the support trend if it takes support go for buy or if it breakes the level go for short but one more thing trade only after 9.44am dont be in hurry it is...
PSU Banks have been in a consistent downtrend since the rally they had after 2008 Financial crisis.
This charts looks at last 10 years for PSU bank index and they seem to be following the trend line.
index needs to have strong consecutive weekly close above 3350 for a major uptrend to start until then its a sell on rally.
We should wait for Index to close below...