Good breakout above 82 levels channel and levels marked......... happy trading....
When 2008 currection this cup pattern After long once more target big...go long with this stock
High probability setup of inverted HNS being formed in BOB, any breakout can give good up move
BOB CMP 79.35 Sell for intraday target of 78.4 / 77.30 SL 80.30
NSE: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.
BOB - Cmp 86.65 Possible breakout candidate. Looks good for long if sustains above 86.25 with 78 sl on closing basis for targets of 96-100.
Head & Shoulder Breakout Buy Bank Of Baroda Closing Price - 80.8 Strict SL - 75 (DCB) Target - 92.5 One Can Buy In Future As Well Lot Size - 11700 Share
Positional Trade(2-3 weeks): Buy: Bank of Baroda CMP: 87.80 Target: 98 Stop Loss: 82
Bank 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 Baroda is near to weekly demand zone and try to sustain on daily demand zone. both zones are marked on chart. If Daily demand zone works than Entry : 70/69 Target : 95/120 Stop loss : 63.15 otherwise sure price will react from weekly zone.
cnxpsubank index @2240 clearly making cup& handle pattern. Is the risk reward favorable to preempt the formation before breakout? Those who are seeking opportunity should give it a try. With entry point 2240 and stop loss at 1900 the reward seems to be 3600 which is 1:3. Seems to be best bet for next 3 months or so. Weekly positive DMI moving up again and...
This analysis is also at the request of quite a few well wishers. Self Explanatory. On a larger picture it can be seen as a breakout from a flag pattern. Wait and enter only on a reversal preferably above the blue line.
reversed from support 68, need a stay above 75
A short term trend analysis of Bank of Baroda looks Bearish . Taking support on it's monthly trend line (after breaking it). Taking support on 50 days exponential moving average. ADX is also showing an upcoming Bearish momentum crossing above 20. RSI level is also around 30.