Short on break of trendline - BOBBank of baroda, seems to be making a bearish flag pattern, Shorting opportunity in the downtrend continues and breaks the trendline with an impulse, support areas mentioned.
BANKBARODA trade ideas
Bank of BarodaThe aim is to Trade the Channel. Price is now at demand area. First target around 120, and then investors can hold it for a test of the upper line of the channel.
NSE:BANKBARODA Buy For 12 Dec 2018NSE:BANKBARODA buy initiate for 12 Dec 2018 using 30 minutes chart based on Fibonacci levels,
check below Buy level :
Buy Above : 110.2
Stop Loss : 108.4
Target : 111.25
BANKBARODA - SHORT TERM ANALYSISBANKBARODA - AS ON 23 NOVEMBER
THE 0-B TRENDLINE IS THE MOST IMPORTANT HERE.
THERE ARE 2 POSSIBILITIES
A. WAVE C IS AN ENDING DIAGONAL WITH WAVES 1 TO 5 OF C WAVE COMPLETED. THIS GIVES US A TARGET OF 98 WHICH SHOULD BE REACHED BU THIS MONTHEND. THIS SEEMS TO BE A LESS PROBABLE SCENARIO
B. WAVE 1 TO 4 OF C WAVE IS COMPLETE BUT WAVE 5 IS PENDING. THIS LOOKS A MORE PROBABLE SCENARIO. IF THIS OCCURS, WAVE 5 OF THE C WAVE WILL REACH AT LEAST 113.55. WATCH FOR THE COMP [LETION OF 5 WAVES ON THE UPSIDE AND THEN SHORT. THE TARGET AGAIN WOULD BE 98 WITH A STOPLOSS OF 121.55. TARGET SHOULD BE REACHED BEFORE NEXT MID-MONTH
ALL DEPENDS ON THE BREACH OF THE 0-B LINE, HOWEVER, BANKBARODA IS DESTINED TO FALL IN THE MEDIUM TERM
NSE:BANKBARODA Sell For 21 Nov 2018NSE:BANKBARODA sell initiate for 21 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 108.35
Stop Loss : 111
Target : 106.9
Bank of Baroda BullishAscending Triangle formation in Bank of baroda makes it bullish. The volume is good and a break above 118.75 could see an accelerated run towards 146 levels.
You can open positions now or wait for it to hit the trendline and bounce for confirmation.
Bank of Baroda : Bullish above 113.25 & Bearish below 108.7Bank of Baroda : Bullish above 113.25 & Bearish below 108.7
NSE:BANKBARODA Sell For 02 Nov 2018BSE:BANKBARODA Sell initiate for 02 Nov 2018 using 1 hr chart based on Fibonacci levels,
check below Sell level
Sell Below : 106.25
Stop Loss : 110.15
Target : 104.25
NSE:BANKBAROD Buy For 30 Oct 2018NSE:BANKBARODA 30 min chart and Fibonacci series initiate following buy for 30 Oct intra-day
Buy above : 107.65
Stop Loss : 104.25
Target : 109.65
For 23 Oct BOB sell 30 min Fibonacci chart initiate sell for intra-day
Sell Below : 100.8
Stop Loss : 103.65
Target : 99.05
Bank of Baroda : Pole and Flag bullish pattern Break out Bank of Baroda : Pole and Flag bullish pattern Break out
Can we sell at 157 again?BOB is continuously facing resistance in the zone of 155 to 157. Will it face again?
Bank of Baroda - Sit on their Strongest support and formed a H&SHello Everyone,
Hope you doing all good. I have found a H&S pattern in Bank of Baroda in 1 month time frame. There is no volume since a couple of weeks if it breaks the current neck and support line then the Stock should be dump like a falling knife.
@SELL SETUP NOWDAILY FINANCIAL WISDOM: It's easy to make money in the market...it's difficult to hang onto it...
Bank Of Baroda - Running up!NSE:BANKBARODA had a very nice consolidation and then made double bottom and the bottom!
Stock has started its upward journey.
Buy BankBaroda above 143.5
CMP -> 141.80
Target -> 152 / 157 / 168 / 177 / 188 and above
Bank of Baroda Fundamental Call For BuyingBOB ois amongst the top three bank with total asset based of over Rs 7 trillion. Total business on gross basis is over Rs 10 trillion wich also include> Rs 1.05 trillion international advances. The bank has CASA of 27% of total deposits whereas the deposit itself has jumped>5 fold last 10 years.
