BANKBARODA trade ideas
BANKBARODA Trading at extreme harmonicBank of Baroda is now trading at extreme harmonic number of ab = cd pattern. keep watch
Bank of Baroda - Head & Shoulder breakoutDate - 07.02.2022
Bank of Baroda - Head & Shoulder breakout
Time frame - Weekly
We have seen a breakout of inverted Head & Shoulder pattern on Bank of Baroda. we can see a bullish movement in upcoming days.
CMP - 112.95
Target -118.50, 130,145
Sl - 99
BANK OF BARODA - Breakout of a channelBANK OF BARODA has given a breakout from a parallel channel supported by good volumes. All other indicators also look like supporting a good move. Recently, the bank had posted very good results.
If breakout is successful, then the stock can see much higher levels as indicated in the chart.
DISCLAIMER: This idea is published for educational purposes only. This is not a recommendation to trade. Kindly take any trade after doing your own research and at your own responsibility .
Bank Of Baroda breakingBank of Baroda breaking on a weekly chart. Looks strong with volume support as well. Looks good for a long position.
BANKBARODA (bearish) #Elliot_HarishRAoBANKBARODA STOCK CORRECTION TYPE FLAT CORRECTION
FIRST say Wave A,B,C
wave A --> inter wave a,b,c
wave C --> inter wave a,b,c
wave C --> inter wave 1,2,3,4,5
BANK OF BARODA : STRONG MOMENTUM PSU Bank is in Strong Momentum, BOB Can be good play
TGT - 125 & 140-+
SL -105
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
BOB Positional Long, target 160+ Position Long above 110
• Stock has made new yearly high
• Stock is in formation of Inverse Head and Shoulder pattern on weekly chart and has breached above 110
If stock manages to close above 110 on weekly basis, one can initiate long strictly above 110 levels for the target of 160+ levels with stop of 87 on closing basis.
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Disclaimer :
-Please conduct your thorough research/analysis before doing the trade
-Idea shared is only for educational purpose
-Please trade on your own risk
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Bank of BarodaBank of Baroda
Above 106.75
Target 114,224
Stop loss 103
News= results impact may be 10 to 20% upper Circuit tomorrow
Bank of Baroda Ltd swing update!Target of 105.30 hit. Trailing stop loss at 101.70. Stock at it's new 52W high, broke previous 52W high on 31/01/22. PSU Bank Index near breakout.
Bank of Baroda - Head & ShoulderOne can go long on NSE:BANKBARODA , as it has completed its H&S pattern on the weekly chart.
Confluence factors:
1> Top of head touched major support area.
2> Significant volume seen once the H&S pattern began to form.
3> Volume increases when going up and decreases when going down.
Bank Of Baroda - Breakout CandiateAnother PSU stock which has had a super Jan. Most of the resistances are now out of the way.
Long above 108 would lead to momentum continuation and would also be a breakout.
SL below 100.
Bank of Baroda - Possible BO1. Inverse Head & shoulder pattern formed. (Possible BO from here)
2. Price also formed symmetric triangle (BO & retest completed) within the H&S pattern.
3. Entry suggested after proper breakout.
Targets as per previous swing highs:
Target 1 : 133
Target 2 : 157
Target as per Inverse H&S Pattern: 177
SL : Low of Right shoulder
#BANKBARODA#BANKBARODA
CMP : 103.30
Harmonic Pattern
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
BankBarodaBOB is looking strong and need weekly close above 109 for next entry
Relative Strength is positive
RSI is Bullish ( above 60)
Bank of BarodaBank of Baroda is trading at important Levels!!!
If it closes above 103.30 then more buying can be seen.
OR
if it doesn't close above 103.3 selling can again be seen.
Alert:- RSI is nearing 75.
Bank of Baroda Swinging TrendStock Well Academy
Crucial Levels of Resistance at Rs.100 and Rs.102
Uptrending seen in the stock
Important Supports at Rs.92 and Rs.90
Short Term Target of Rs. 100 and 102 with Stop Loss of Rs.93; Buy above Rs.93 where momentum seen in the stock several times
Disclaimer: This study is my personal training and only for Educational Purpose and Critical Review from Fellow In-house Analysts
Break Out Trade in Bank of BarodaDate: 16-Jan-2022.
Rating: Buy.
LTP: Rs. 93.60.
Target: Rs. 108-->125-->135.
SL: Follow the trailing SL indicated by the moving averages.
BOB has created a break out from the current secondary trend with higher volume . 7D EMA has crossed over 13D and 26D EMA lines, suggesting an uptrend from here. MACD and RSI have also crossed over to buy zone.
Disclaimer: Investing in stock market is very risky. One should do a self analysis and validation before investing in stock market.
