BANKBARODA trade ideas
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.
Bank of Baroda 9 Jan 2020Posting levels for mitesh Thakkar
Decision Range
94.7-95.15
Support for the day 93.85
Resistance for the day
96.25
Expectation
Resistance of 96.25 might be tested tomorrow
BANK OF BARODA,MONTHLY TF.The channel is bullish but price made a bearish pennant .i am expecting a downward breakout and rsi also took support at rising trendline . after breakout short term target could be 91-90.. if there is any room for correction or suggestion then please feel free to add value.
Bank of Baroda Stock AnalysisBuy Trade Setup:
- If goes above 104.7
Reason(s) for Trade:
Near the Resistance with capability to break-out
Candle size near the resistance is good
RSI is above 50+
Previous Break-out was failed ( the break-out candle's previous candle was not of good size and also RSI was in overbought zone)
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BANKBARODA LONGSymmetrical triangle pattern broken to the upside .. lets wait for the price retracement and look how the price moves further
DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
