BANKBARODA trade ideas
$BANKBARODA - IH&S - bullish breakoutInverse head and shoulder pattern confirmed with neckline as marked on chart. There is a bullish breakout of neckline and retest is in progress. In coming days, expected to go up to the marked levels. It's peer Union Bank had a strong move of approx 10% after retest of IH&S neckline and so this fractal on BOB might play out in next 1-2 weeks
#BANKBARODABANK OF BARODA
Sector: Financials
Industry: Banks
Employees: 55754
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Bank offers personal banking services, such as deposits, loans, mobile banking and wealth management services; business banking services, such as Baroda Money Express, debit cards and collection services; corporate banking services, such as appraisal and merchant banking, and cash management and remittances; international banking services, such as export, import and trade finance, and correspondent banking; rural banking services, such as deposits, priority sector advances, financial inclusion and lockers, and treasury services, such as domestic and forex operations. The Bank operates a network of approximately 5,330 branches.