BANKBARODA is in wave-(c), which will take some time to finish, after that we see a short term gain in this stock and then again correction will continue for wave-B.
BK OF BARODA : Pattern is clear and we all understand trade setup. Wait for entry to breakout on either side. Currently below 50 EMA and taking support on 100 EMA. 77-78 is immediate support line, breaking this and below trend line - will bring back to 68 and then 61 levels before any bounce. Please spend time on own research before investing.
Analysis is on chart. NSE:BANKBARODA Education purpose only.
Levels are marked in the chart for the intraday breakout.
Bank Baroda - CMP 75.25, It has channel break out with volumes. Today when market corrected it just took the support of upper edge of rising channel and reversed. It is going to see the levels of 75, 80, 86, 92 with a stop loss of 67. Another point to note is that MACD line has crossed signal line yesterday which is the start of rising trend. On earlier occasion...
BankBaroda- CMP 65.6. It is bullish for past few days but now in consolidation mode. MACD blue line is going to cross red line which is very positive for upward movement of stock. Check up the previous instances whenever MACD blue crosses red line, price goes up. Above 67 it shall go to 74 and 86. This is purely for educational purpose and any investmade shall be...
I'm not an expert I'm just sharing my views on BANKBARODA for next trading day I'm not responsible for any profit or loss this is not a recommendation.
BankBaroda- CMP 59.05, It is on continuous rise for past one week from 47 to 59.05. Its RSI has touched resistance. Will RSI breaks this resistance or not to be seen. Seems to bein overbought zone. But it convincingly closed above its almost 9 month high. MACD is still showing positive divergence. On friday as per OI it has got short covering. It has cleared many...
Bank of Baroda Breakout after a long consolidation gave a huge breakout , which is an indication that some big players have entered the game. One can go long over retracement on the breakout level. This is just a study.
Hello, Pattern : Bearish Bat + Bearish Crab Stock : NSE:BANKBARODA Time Frame : 2 Hour TF. Note : This chart is only for study and reference purpose.
Cup and handle in the formation. Cup can turn into a rectangle pattern.
as per chart
BANKBARODA (Bank of Baroda Ltd) SELL BELOW 93
refer chart for details