Analysis is on chart. NSE:BANKBARODA Education purpose only.
BOB in its way for forming beautiful Cup and Handle pattern. A PSU Bank with good fundamentals.
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...
I know BOB, he's a nice guy. I mean, sure, he has never even gone out on a date. I mean, he's only been bought and sold like a couple of times. But, look at that nice clean, simple, three spike bar pattern. Don't you just want to buy a little BOB, I mean really. Don't you want to be a rebel! A trading rebel! Sorry, BOB isn't on very many exchanges..... I...
NIFTY PSU BANK HAS GIVEN A FLAG BREAKOUT STOCK LIKE SBIN , PNB AND BANK OF BARODA CAN RALLY HIGHER
Inspired by Bob Loukas 60 day cycle theory
Looking Bullish for BANK OF BARODA will you agree with my view please comment I am not a Professional Trader Recently started reading Charts
Big battle took place at the top of this swing up. Break out bar (bob) shows that buyers are no longer accepting higher prices and can expect price to at least retrace to the median line. If price gets high enough to visit BOB can go short based on evidence of nobody accepting higher prices above. Can expect a bounce of the value area on the way up as...