BANKBARODA trade ideas
Bank of Baroda LONGRSI Divergence and Bank of Baroda has not participated in the current rally.
Go Long with Target up to 65 wit SL of 48
Disclaimer : I am not a SEBI registered investment advisor. All views expressed are for educational purpose only. Kindly consult you financial advisor before trading or investment. I may or may not have position in the stocks described for trading or investment view.
Descending Triangle Formation & Neutral CandlesticksDescending Triangle formation on Bank of Baroda Chart.
Descending Triangle is a consolidation pattern .
According to the pattern, a possible downside breakout is expected.
Watch the last 3 Candlesticks:-
16 April 2020 - Dragonfly Doji
17 April 2020 - Spinning Top
20 April 2020 - Long Legged Doji
All these candlesticks are neutral candlesticks .
Bank of Baroda Rising RSI adn triangle breakout upsideRsi Raising adn traingle breakout upside possibele
Short sell set up One can wait for price to close below its recent strength candle and look for short sell set up
I am looking if it cracks it will make to new low
Forecasting the developing Wave Forecasting a developing wave requires an edge of how price movements can reflect on various repetitive patterns and out of it we have to select the entry and Exit for proper Trading gains ,
Now this is my preferred method of developing wave at initial stage , I want market to commit me an strong presence of its move and if this did not pan out then
I have another view which is alternative view ,
there are only two options when we Gauge the upcoming developments , its not random in nature its an Methodology that has given Consistent revenue in the stock trading
Look for buy set up and Look to stay with trailing stop until 1st move out form deep consolidation is done
Good luck
End of the last move I am looking this about to end its last move down , well i have some forecast of price where it can terminate its move , it may or may not reach that level
as termination move but it is maximum expected move form the current price point of view ,
One can look for Strong reversal on daily in order to Go for long term investment in equity and as well as trading futures contract
Good luck
TRIGGER POINT FOR SPECULATORSPLACE YOUR ORDER FOR SHORT AT QUOTE 71 TOMORROW( 05-03-2020 )
IT IS HIGHLY LIKELY YOU WOULD MAKE MONEY,
GOODLUCK....!!
Bank of Baroda looks good to shortBOB looks good to sell with CMP-88.6, targets of 80 and 68 for upcoming weeks, with stop loss of 95. As broken its support and Gap filling likely to be done.
Waiting for Kaboom to take place This scrip is ready for its Impulsive move up one can take position on CMP or
On brake of the entry as a positional trade and Look to book using trailing exit method
Long Bank of BarodaI feel Bank of Baroda will hit ₹108 by this month. If not by this month, mid-Feb for sure.
