z_stud

z_stud

One 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.

z_stud

Reasoning for long bias on chart. Close is higher than previous week's close. Long tail indicates weak bulls have been shaken out last week.