dhirengandhi16

Bank of Baroda set for a Huge Uptrend. Long Swing trade

Long
NSE:BANKBARODA   BK OF BARODA
Leading banking stocks are moving higher breaking out from falling channel .
Similar breakout happened in Bank of Baroda which has given a successful breakout from its multi-year falling channel , retested it and continuing its upward move very smoothly. Also we can see a Flag & Pole pattern formation at the bottom of the downtrend indicating a near term target at 110-116 from CMP . RSI is also in a good upward momentum. Upmove comes with huge volumes.
High conviction trade.
You can also spot Cup & Handle pattern forming with a neckline zone of 87-93.
Happy trading!