BANKBARODA trade ideas
Bank of Baroda Resistance BreakoutPositional Trade(2-3 weeks):
Buy: Bank of Baroda
CMP: 87.80
Target: 98
Stop Loss: 82
Bank of Baroda - Inverted Head and Shoulder Nice consolidation, and strong inverted head and shoulder pattern. A strong move can be seen.
Bank of Baroda (17% Profit Potential)?Add "Bank of Baroda" | NSE : BANKBARODA to your watchlist. Good Swing Trading Opportunity if breaks the upper resistance as shown in the image.
Disclaimer: This is for educational purposes only. I am not a SEBI registered advisor. Please consult your advisor before investing.
Happy Trading and Investing :)
Bank of Baroda Monthly Chart AnalysisOn monthly chart BANKBARODA is approaching major resistance zone, With the basic analysis we can see it has good volume so it may breakout and can show some good moves.
No Trade Suggestions !!
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Bank Baroda - BullishBanking Sector Overall Showing Good Strength
Stock Bounced from Previous Support Areas
Also Holding Major MA's
Good till it holds 76
Tgts upto 96/97 (Previous Weekly Swing High)
Bank of Baroda Ltd - 21.06.2021Bank of Baroda Ltd - 21.06.2021
The stock has made an intraday high of 82.80 today
Engulfing Bull in daily chart above ema
stochastic bearish divergence in daily chart... will be void once the prices go above 87.50
support @ 77, one can initiate a buy position for targets 88+
watch out
Bank Of Baroda - Range Breakout And Trend Line BreakoutBank Of Baroda - Range Breakout, Trend Line Breakout
Buy Bank Of Baroda
Closing Price - 84.45
SL - 61 (Monthly Closing Basis)
Target - 145/160/200
BANKBARODA : Rising Wedge, upside 15.7%Rising Wedge Indicates the distribution phase in Bank of Baroda, In 1H double bottom formation has been formed and lead to fall in price of 82.50. Regardless of strong relative strength throughout technical POV fundamentals aren't good to hold this stock but here you can get 15% in short term.
Upside Entry (breakout): @87.35
Normal Entry: @80.50-@82.50 For best entry wait for higher highs
S.L: It's upon you. But below demand volatility it should be severe to your investment
Points to be Note (Technical + Fundamental)
1. Price is in consolidation phase of 1 Week structure.
2. Price has been broke above the Supply levels and turns into Demand Volatility zone.
3. Relative strength is negative but balanced in uptrend act as a good to buy before volume rocks.
4. Company profit is increased fairly but very poor. Bcz mainstream income is negative and covered by other income to turn into positive net profits, March 2021 is -849 Cr
5. Company is not paying out dividend, but reserves has been increased by 50% in 2020 YOY and 9% in 2021 YOY.
6. Promoters have also pledged their holdings from 71.6 to 63.9%.
7. Cashflow from operation activity is -887 as compare to 18530 Cr in 2020.
Let me know in comment section NSE:BANKBARODA what your views on this?
Bank Baroda is at a Strong Resistance ZoneBank Baroda is at a Strong Resistance Zone. We have to wait and watch whether it breaks the Zone to see an upside. Keep on Radar.
Bank of Baroda LongPrice started movement from monthly demand zone and now near monthly supply zone might be this time after some consolidation price give breakout over the supply zone.
Rest upper supply zones are already tested so chances are high some day we can see price on life time high.
Long time trendline break in Bank of Baroda1. Bank of Baroda is facing resistance in trendline drawn for a quite period of time.
2. One consider buying it after a strong close above the trendline.
3. The stop loss should be below the swing low.
Note: Only for educational purpose. Trade at your own risk
Bank of Baroda: Long Call IdeaObservations:
1) Stock has broke its resistance zone of 82 - 84.
2) Fixed range volume profile shows that in rally from 63.05 to 84.75, most of shares exchanged hands around 81.80 level.
3) Combining both observations, we can expect previous resistance zone of 82 - 84 should now act as strong support zone.
However, trader should not forget volatility of this stock!
Trade Details:
Buy between 84.50 - 86.00
TGT: 101.00
SL : 79.40
RR: 1:3
Disclaimer:
This idea is presented just for educational purpose only. You will be solely responsible for your own money & decisions you take.
Bankbaroda- CMP 84.55.Bankbaroda- CMP 84.55. Cup and handle breakout. Buy with SL of 77 for a tar of 87, 92, 97, 100, 104.
BANK OF BARODA - Result reaction!Bank of Baroda posted a loss of 1000 crores for the previous quarter, I don't know how the market will receive this result.
Above is the trading levels of BOB, trade with caution in this script on Monday.
BankBaroda- Weekly Chart Long Setup !Bank of Baroda is breaking above trend.
Buy BOB @ CMP for a target of 110-115
BoB 83.85 - BullishBoB 83.85 - Bullish. Has broke out channel and expecting targets 91.50, 94.40 with strict support at 78
