BANKBARODA trade ideas
#BOB trading above support @in)tradingviewNSE:BANKBARODA
BOB bounce from support and trading above
can buy with SL of 114
T 123 127 134
BANK OF BARODA DAILY CHARTHOPE YOU UNDERSTAND
PLEASE CHECK MY UPDATED COMMENTS
THANKS
WISE YOU SUCCESS
Bullish Bat - BANKBARODA - 4hr Bullish Bat - BANKBARODA - 4hr
PRZ: 118-120.5
SL: 115
TGT: 124, 128
08-06-2019
Sell On rise Some what i am not convinced with this move , I am looking one more deep move down form this level
One can look for consolidation phase to complete , usually they will enter consolidation before dropping
once when it reached 1st target put the stop to some profit and wait for next development if cracked heavy then stay with it
it will move down for next level
Bank of Baroda - BreakoutBreakout with not super high volumes but slightly higher than average. Lets see if it gets any carry forward. All PSU banks currently seem to be extra bullish.
The only current fear is IL&FS. Lets hope they can smoothly ride it out and go from strength to strength.
PS: Would go long above 144.
BankBaroda : A Simple TradeBank Of Baroda(BOB) is a Critical Large-Cap, Its been consolidating in Range : 90 <> 210 Since 2011 , Making this Range Tough to Breakdown & That is Opportunity for us Traders.
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Entry : 110 - 90 Range
Stoploss : Below 80 (Closing Basis)
Basic Target: 150
Optional ways : Bull Spreads Can Be Placed In April Expiry (Taking Advantage of Election 2019 Volatility)
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Note : Trading in any financial market is very risky. We post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
BANKBARODA BuyCan't say with certainty if 4th wave is completed or not. But channeling shows good support plus morning star reversal pattern. So buying with 4 rupees stop loss seems good.. Buy with a SL of 109.5
BANKBARODA inside bar trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
