Baroda Bank is making Symmetrical Triangle pattern. Duration of this pattern is more than 8 months so we can consider it as a reliable pattern. Greater the duration taken by an underlying, more reliable it can be. So keep an eye on Baroda Bank and wait for Breakdown/Breakout. One can initiate the trade in Baroda Bank after crossing important levels which i have marked on the chart.
Trade active
⋅
Target 1= 175.85 reached
Trade active
⋅
Bank of Baroda Retesting. If price establishes support at this level (175.85). Then can expect next upmove towards 190.40
Yeah, price has given a beautiful breakout but it should sustain above 175.85 level. Then the price will move further to the next Level which i have marked on the chart.