BANKBARODA trade ideas
Descending triangle and Head & Shoulder The descending triangle and head and shoulder is signalling short term trend reversal. We will probably retrace to the green line where it meets the uptrend line in the higher timeframes and start a fresh uptrend there. resistances are marked on the chart as red
Bank of baroda could start a rally soon.In lines with my previous post on bank of baroda,
we are bullish on it in lower time frames as well. The resistance and supports are shown in the chart. There are three overhead resistances in the immediate region and then we might see a rally in the short term. We are approaching the end of a symmetrical triangle which usually means a break on either side. However the higher time frame confirms bullish (as well as the overall market scenario for PSUs), so we will probably break out on the upside.
If we don't open above the first resistance wait for a retrace to support zone before opening positions.
Good Luck.
Bank of Baroda, Buy at 116 for target of 119.Bank of Baroda coming out of consolidation of rectangle pattern. Buy at 115-116,for target of 119, stop-loss of 111
#SELL BANK OF BARODA BELOW 101 INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 13th)
#SELL BANK OF BARODA BELOW 101
BANKBAROD#BANKBAORDA Trading in #rectangle pattern and now stock at important level if stock not able to close above 1120 we can see again downside in stock but if stock able to hold this level we can see some upside in stock as there is strong support at 104 level.
Buy BankBaroda For 1 Month
Buy Bank Baroda at this level and your stop loss is 92 and Target is 120-135 in the month.
Bank Baroda - Maturity Close to 160- Did you withdraw in time?09:38 Hrs 18th Sep 2018
Last Price@123.50
As suggested last in short term strategy - Let us go into flashback
Short Term Trading /Deposits -14th Aug 2018
Holding 138-141 on downside which is critical zone & key zone 144.50-145.50 - all the deposits made at 144.50 likely could mature close to 160-161 zone & above 162 for 165 -finally above 165 to 170.
Previous Idea- 14th Aug 2018
Bank of Baroda, Dena Bank, Vijaya Bank will move up due to mergeAs government has announced merger of 3 banks - Bank of Baroda, Dena Bank, Vijaya Bank, the price of these stocks will move up.
Here is the news
economictimes.indiatimes.com
Bank of Baroda Inside Bar StrategyLong if it breaks the high of the previous day with a stop loss at the previous day's low.
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.
