BANKBARODA
Long Bank of Baroda with a target of 50 and 65 for 25 to 30 day range
SL around 35
Reasons being:
1. Expected Breakout in Long term trend line in Daily chart
2. Bullish Momentum divergence in OBV as Price is falling but OBV rises
3. Breakout in OBV trend line
Trade active:
SL trailed to 44
Trade active:
Trail SL to 48.35, as Stock is making Higher High Pattern, if it breaches the level of 48.35 it can again test the level of 43.