BANK OF BARODA BREAKOUT - buyBANKBARODA breaks out on upside.
Minor hurdle at 107, move up to 114
static and trendline supports mentioned.
BANKBARODA trade ideas
POSITIONAL LONG IN BANKBARODA!!(DEC FUT)!!POSITIONAL LONG IN BANKBARODA
VIEW
-EARLY I HAVE MENTIONED IN MY OTHER POST THAT PSU ARE IN DEMAND
-STOCK IS BREAKING OUT OF ROUNDING BOTTOM AND INVERTED HEAD AND SHOULDER PATTERN
-FIRST IT WILL FIND RESISTANCE AT 200-DMA
-IF BREAKS WE ADD MORE
-IF FAILS WE BUY ON PULLACK TO 102-14 LEVELS FOR BIGGER TARGET
TRADE VIEW
DEC FUT
BUY@104.5
STOP@100
TARGET@110
LOT:4500
QTY:2
-THIS IS A MOMENTUM TRADE WE ARE WAITING FOR BREACH OF 200-DMA FOR POSITIONAL TRADE
Looking for 110/115It is forming reverse H&S pattern. Looks good for up-move. One can enter between 102-104 with confirmation on 15 mins. Can see 110/115 on cards soon.
#BankBaroda #NR7IB Pattern - Bullish#BankBaroda notices #NR7IB pattern on daily scale. 2 days back it had given bullish pin bar, and since then making HH/LL pattern. This time stock can try to test 104/108 levels in short term.
Bank of Baroda : Getting ready for move up?BANK OF BARODA: The stock is taking support at the KS line, forming a bullish sash pattern. The RSI is into 60-40 zone after getting above 60 levels, the move seems to be sideways with a positive bias. The MACD is into bullish zone above 0. Everything above indicates bullish possibility in the coming sessions. However a move below 93 may negate the view.
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BOB LIKELY TO FINISH ITS CORRECTIVE MODE SOON ACCUMU FOR 144-15011-10-19
BOB is showing some support around 85.65 zone
if broken it is likely to continue its fall which started in Jan 15.
What is probable is to find support in 82.65-74.95 zone and
if this happened we can see 150 levels in coming months
Long on pullback
BANKBARODA....POSITIONAL PICKAlways respect the levels......Market is volatile....always buy near support and sell near resistance with Strict SL
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Weak chart - Better to wait to take a long positionVery weak chart in my opinion. Just hinging on a weak support at 86.50. The probability of it breaking that support is greater than the sp going up.
BankBaroda - Long Swing TradeNSE:BANKBARODA
Stock is testing long term support levels. Accumulation with outperformance against Nifty50 index is notable. Price confirmation is required before initiating longs. Should be watched.
BANKBARODA : LONG TERM BUYTake every buy from here, mind you, it can go down one more time and then go up..
But take EVERY REVERSAL for BUY FROM HERE, it is a good ride up from 90 to 250 ++
Take it and leave it for long term.. you will more than double your money.
Bank Of BarodaBank of Baroda approaching multi day support @ 90.
At 90 it would be a good buy.
PSU INDEX is also hovering around support .
This chart is in harmony with the index chart as well.
Currently stock is getting resistance from 20 day moving average as well.
So Fall to 90 levels looks eminent.
BANKBARODA - 240MIN - Ready for reversal ?Bank of Baroda has been in a descending channel for the past month. The stock has formed this reversal channel at an important daily support zone. The stock created a double bottom formation last week giving more indication of a reversal.
Stoploss - 88.65
Target 1 - 99.05
Target 2 - 103.35
Target 3 - 107.30
Disclaimer
This content is for information and educational purposes only and should not be considered as a piece of investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital which you are prepared to lose.
Bank of Baroda trading near multi year support zone (DO or DIE)Bank of baroda trading near demand zone 90-100 . with major weekly support at 85.
if closes above 100 next week then one can go long.
and in worse case it closes below 85 we are heading to a much lower level. that would be a major break down for the stock.
Now at wait & watch zone
Long above 100 with SL 95.
Short below 85 with SL 90.
Still WEAKNew: Price still weak if it pulls back to 96/98 we can enter again for a short for a target of 91.
OLD:Looking WEAK we can see 90 or down soon. Looks good with confirmation near CMP or wait for price to go down 96 and short.
THIS is WEAKLooking WEAK we can see 90 or down soon. Looks good with confirmation near CMP or wait for price to go down 96 and short.
