Bank of Baroda Breakout Analysis !!📈 Bank of Baroda 📉
This Stock broke out from a Resistance zone of 105-108 after testing twice. I am biased on long side because todays candle is strong green.
On Buy Side I am looking for Targets of 118.
StopLoss should be kept at 105.
It offers 1:1 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.