~See the price action underneath the red trendline area- what is the setup there? Every time a pull back to upside is created, it creates a NEW LOWER LOW (see the black arrow path created)
~Now see the price action above the green trendline area- what is the setup there? Every time a pull back to downside is created, it creates a NEW HIGHER HIGH (see the black...
stock expected move bullish,
taking support at multiple locations and expected to break the tight trend line.
After the break out from the tight trend line stock is expected to move retest (retrace) and move bullish further.
Pls check levels on the charts
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You...
Taking support from 50EMA. Keep it on your swing watchlist. See how it responds today and then enter. 2 key support levels have been outlined.
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Remember, if the overall market dips, most stocks will also go skinny dipping.
Happy Trading!
short below 84.5 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapdown or bd before...
Bank Of Baroda-investment opportunity -in channel pattern with RSI support , Market is playing very incorrectly and unreasonably, when it will start going correctly it will Boom...
Bank Of Baroda-investment opportunity -in channel pattern , Market is playing very incorrectly and unreasonably, when it will start going correctly it will Boom...
Depending on the overall Market Conditions BoB looks good for grabs between 86-88. Should BoB bounce from support, you can probably capture anywhere between 10-12% (in a decent /responsive market).
Please read the overall market condition before investing. This is not an investment advice. It is just my point of view from a weekly perspective...
![BANKBARODA: [Positional] Bank of Baroda Buy Idea](https://s3.tradingview.com/q/QO7VTtVM_mid.png "[Positional] Bank of Baroda Buy Idea")
![BANKBARODA: Bank of Baroda [Weekly Update]](https://s3.tradingview.com/r/rD5PCFmm_mid.png "Bank of Baroda [Weekly Update]")
![BANKBARODA: Bank of Baroda [Weekly]](https://s3.tradingview.com/p/pCLaODfk_mid.png "Bank of Baroda [Weekly]")
