Good Breakout TodayHi All…
Greetings!
Today I’m sharing with you Bank of Baroda Daily Chart. Today we had a good break out in the stock. The stock has been sideways from a long time. I think it would a good time to invest in the stock. Hoping for the stock to breakout 275 levels this time.
In the coming time I think it should give good returns.
Thanking You
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
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Share with Your Friends.
Keep Learning,
Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. I'm not a SEBI registered technical analyst.
Barodabank
Symmentrical Triangle Formation in Bank Baroda(Daily TImeframe)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 the target level which is also a support level. Price has successfully retested the current support level. Now price is ready to move towards my next Target.
BANKBARODA possible Elliot wave countsThis stock has shown almost aligned wave counts from weekly to daily and from daily to hourly and right now its in correction area of some lower degree wave counts
macd on hourly chart
momentum negative cross done on hourly
Price under and below RK's stopline in daily
Price made neutral candle under and below 20DMA in daily
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
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.
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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.
Bank of Baroda FuturesBank of Baroda Futures
CMP:- 101.85
SL below:- 91.45
Targets above:- 115.00
Clear uptrend
Looks like a bullish reversal
Last candle took support on 20 EMA and bounced back which can be a show of strength.
RSI too gives a little confidence as it is above 50 and we do see a reversal there too.
Simple Trade Setup | BANKOFBARODA | 18-10-2021[INTRADAY]NSE:BANKBARODA
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, 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.
Simple Trade Setup | BANK OF BARODA | 12-10-2021 [INTRADAY]NSE:BANKBARODA
Observations:
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.
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Trade Setup for Date 12-10-2021:
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.
BANK OF BARODA
Target:- 127
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 trading period and use trailing stop below all the wave step by step.
Positional Trade Setup | Bank of Baroda | 09-08-2021NSE:BANKBARODA
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.
bank of baroda mystery open longBank of Baroda in monthly ,weekly and
in daily time frame is forming cup pattern
if all go well as per technical of Bank of Baroda
very soon level of 92 than if handle forms it may correct upto 88-86 and
than after 92 level we can see breakout
upto 110-115
strategy upto price level 90
sell put @5.75
buy BOB fut @80
comments welcome
mcpriceaction
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.