BOB Cup Handle PatternCup handle pattern forming here in BANKBARODA
May be a good opportunity for long term
BANKBARODA trade ideas
Bank of Baroda (Good Consolidation) Hi guys, BOB showing good upside potential, must look for opportunities to enter if breaks the consolidation
Buy - bank of baroda Bank of Baroda is one of India's largest PSU banks; we have a buy call on the stock because it is currently undervalued; our target price is 177-180 rupees in 12 months; and their NPAs are decreasing, which is a good sign.
BANKBARODA - LONG - 8% upside potentialBANKBARODA showing triangle pattern formation.
Breakout level for upside is 119.5-120 (has to give a 15 min candle close above this level).
Target : 128+
SL: Below 117.5
View: 1-2 days
Ascending Triangle BANKBARODAHello Guys, As we see the Ascending Triangle Pattern is observed in the BANKBARODA stock and the price is on the breakout level in weekly chart and if it breaks above the 107.50 and sustained there then it will be the good positional trade for shorter period targeting the range of 135-140 Rs.
Breakout in BANKBARODABreakout in BANKBARODA
Entry: CMP
Targets: 145 & 156
Enter towards end of the day for better breakout confirmation.
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Bank of Baroda: Perfect Cup and Handle BOBank of Baroda: Perfect Cup and Handle BO
Buy above 124.50 for target of 132.
Its following the upward channel since Feb 2021, so chances of retracing from Trend line cannot be ruled out.
So be quick to book profits
Disclaimer: I am not sebi registered, contact your financial advisor before taking any trades.
bank of barodabank of baroda is about to give breakout after successful ascending channel....if it gives breakout last high (i.e above 143) then it is confirmed uptrend.
BankBaroda - Bull Trend Continuation with ConfluenceNSE:BANKBARODA
What is Confluence trade ?
Confluence trade more than one technical analysis methods give the same trade signal.
It includes the technical indicator as well with the combination of Patterns, Price action and other charting tools.
Originally, the term confluence is used to describe a geographic point where two or more rivers come together to form a single body of water. Traders are using this logic to describe the confluence of multiple trading signals.
BankBaroda weekly chart have a confluence of indicator with support in Candlestick chart as follow:
1. RSI = on Head and Shoulder neckline.
2. RSI above 50 indicates bulls are in power.
3. Simple Moving Average : 20 and 200 moving average creating Golden Cross
4. BankBaroda back on Trendline again indicates Support at 90.00
5. BankBaroda above both moving average
6. BankBaroda back on trendline with confirmation of Bullish Price action.
7. Trend continuation can be seen from Price action chart.
8. Trendline breakout at 66 (buy entry with stop loss 63 ) .
Trade : Buy for Long term - Bullish continuation
Entry : 92.5 Today 25 January 2022.
Stop loss: 89.00
Target for long term : 100 - 107 - 110 - 120 - 140 - 180 ++++++++
Note : All the trade I initiate do not have stop loss more than 4%
BoB| Fibonacci Breakout after Retracement of C&H BO |New TrendNSE:BANKBARODA
Fibonacci BO > 94
Retracement after Cup & Handle Breakout complete
Now, CMP above 50 & 200 Week SMA
This is a signal for start of new positive trend.
Tgt: 108-126-137
SL: 78
RSI > 55 and increasing
Buy Today, Sell Tomorrow: BANKBARODADON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Rounding Bottom Breakout in BANKBARODA
Buy Today, Sell Tomorrow: BANKBARODA
BANK OF BARODA - SHORT TERM PICKBank of Baroda : NSE:BANKBARODA
Stock is consolidating since 11th of July 2022 and with todays positive close with good buying in last 3-4 hours it looks this stock is set to continue its upward journey once it closes above 109-110 range. But as our stop loss have been planned somewhat deeper to avoid unexpected volatility we can consider going long once stock crosses 109 levels . Tighter regression channel is also showing sings of bullish consolidation . Avoid options position as the trend "may" unfold slower than anticipation due to low beta stock which will result is premium decay and eventual loss.
on the fundamental front :
Results are expected on 30th of July and my expectation is of very sound results which will ignite the momentum towards potential targets
keep track of updates section as i will be updating when and where it is required to.
Happy Hunting ,
Chintamani
Disclaimer.
I am not SEBI registered analyst.
My studies are for educational & General purpose only.
Please Consult your financial advisor if you have plans of trading or investing.
You yourself hold sole responsibility of profits and your losses arising of above shared info
Bank of barodaBank of baroda.
High RR
Recently seen good breakout.
Buy @123
Sl @122
Target - T1- @132 and T2- @144
New 52 Week Highs for BANKBARODABANKBARODA is Buy @ CMP of 123.70, possibility of breakout above Rs. 129 with a Target of Rs. 144 & Rs. 157. Stop loss can be set below Rs. 113.
Disclaimer: I am not a SEBI Registered Analyst, the views declared are of my own and for educational Purposes only. Kindly consult your financial advisor before investing, I am not responsible for any losses incurred.
SHORT BANK OF BARODAShort Bank of Baroda. Target& Stop loss in graph
This is only a view and not an advice to trade. Kindly trade as per you analysis, risk assessment and capital.
bank of Baroda if market is uptradekeep eyes on Bank of Baroda but wait for market condition dont trade wrong side wait for confirmation market is uptrade ya downtrade if market uptrade go to trad anotherway stop loss and target both are given traget 127 entry 120.5 and stoploss 117.
Bank baroda near 52 week high Bankbaroda is near 52 week high.
It is making rounding base.
Trail with 20 ema.
Only for learning. Trade on your own risk
Swing trade setup for Bank of barodabuy above on next postive candle of the day at pull back near 106
target 1=116
target 2-120
sl -100
trade 1:3
for study purpose only trade on ur own risk
Target 1 achieved in Bankbaroda| 5% mover This idea is a follow-up to Bankbaroda
You can check the Link to Related Ideas.
Also, I have updated Target 2 as a bit lower level, seeing current market scenarios, Reason: Supply zone Top.
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
