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Positionallong

POSITIONAL LONG ON BK OF BARODA(NSE) !!!This analysis is only for educational purposes, Invest at your own risk! Using the monthly chart we can locate the lowest support price i.e. between 26-36 INR. The price may soon rebound an open an amazing long positional position. The trade can prove to be good for positional traders who are agreeing to lock in at this price and wait for the price the head in the north direction Traders should get in only when the price rebounds and not before that. The Stop-loss should be placed bellow the lower support line i.e. below 26 INR Once the price starts moving up a trailing stop-loss must be used to get out with guaranteed profits Any kind of criticism is highly appreciated ! CHEERS!
BSE:BANKBARODALong
by Aditya_Singh21
3