A BREAKOUT TRADE ON BANK OF BARODAPRICE IS RESPECTING THE RESISTANCE AND IS NOW IN A WEDGE FORM
NEED A CLEAR UPSIDE BREAKOUT FOR A LONG ENTRY
BANKBARODA trade ideas
Bank Baroda -Did you forget bottom deposits@109- Don't Miss@14407:45 Hrs 14th Aug 2018
Last Price@145.60
Gap zone between 141 -144 is strong support zone & bounce zone. Holding that zone, Deposits made at 144.50 can mature in 160-170 zone.
Trading Strategy
Short Term Trading /Deposits
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.
Long Term Picture
Exciting Deposits at 109.50 - Awesome!
BankBaroda - Will it fill the gap?Sell below 145 with the stop loss of 147. Targets are 143, 141 and 139. Buy above 149 with the stop loss of 147. Targets are 151, 153 and 154.
Bank of Baroda - WatchlistIts at resistance and it is a very tricky one because it has bullish momentum. So we should sell OTM CE with a stop loss at BEP. Or, we wait for PDL to break.
Bank of Baroda - Might be on verge of BreakoutIts Trading very near to the resistance zone with increasing volumes. Keep an eye for an breakout trade
MyAlgo: xRAM-Creator: Intraday call:14Jun-BANKBARODA-LongBased on my "xRAM-Creator" predictive trading methodologies, its going to be a GREEN candle on 14-Jun-2018 for BANKBARODA
Buy Above(5Min candle close): 137.1 for targets -
T1: 138.1
T2: 138.7
T3: 139.4
SL: 136
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Bank Of Baroda: Keeping A Close Eye-Bullish falling Wedge Pattern.
-Reversal from key resistance.
-Bullish divergence on RSI.
-Bullish divergence Stochastic.
-Bullish divergence on MACD along with a bullish cross.
-Three White soldiers candlestick.
-Decent uptick in weekly volume.
Not an investment advice. Do your own due diligence.
Will go long once it breaks out on the upside.
bank barodawith 136 strict sl it can be shorted for positional target of 109. (short on bounce or use option)
Bank of Baroda – Can it cross the hurdle?After a 3 day rally in PSU banks, today we saw some selling pressure from the top which pushed these banks down from day’s highs.
The market particularly isn’t very supportive and if the Bear onslaught continues on Nifty, PSU banks with relatively weak fundamentals compared to their private peers may be an easy target for Bears looking for new opportunities to hammer some stocks.
I can see that Bank of Baroda NSE:BANKBARODA faced stiff resistance today at around 141 levels,which is 61.8% retracement level of its previous downmove.
A fall from here can send it tumbling down to ~ 125 levels and below.
Tomorrow’s candle will be crucial.
Also,be careful as results are set to be declared on May 25.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
BANKBARODA LOOK FOR BUY BANKBARODA bounced from daily support and we can see the divergence in bottom, In 1 hour buyer trying to control the price,Once we see HH HL formation then we will look for buy only.
BOB SHORTface resistance from trand line
sell on rise
stop loss 150
target 131
oi up
delivery down
low risk trade
