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.
As per the chart data, it is forming a reverse head and shoulder pattern. View - long for 6 months - target 40% and above.
Bullish chart pattern. Strong support at 76. Enter anytime, exit at 92/93.
Showing great support at current levels and also has good support near 20 moving average. I am targeting 96.
as per chart and nifty index fast target is showing 76.5 and next will be as per chart
Looks weak as per trend line. Educational Purpose
Above 68.4 target 71-75-80 SL 63 already long in positional trend based on daily time frame
BO ABOVE 59 weak below 39 sideways zone 53-39 cup and handle type pattern above all important moving average
45 min demand zone support
Buy BANKBARODA above- Rs. 47 for the Targets of Rs. 57, 75 - 85..... Stoploss- Rs. 35...... ...... Comment your Views..... Thank you, Vishwajeet Sharma