Bank of Baroda EWT Analysis Research

Bank of Baroda trend intact on the higher degree it trades present time in Expended Diagonal,
1. The price had traveled 36-100. May 2020 to Feb 2021.
The First cycle had completed in 5-3-5 .
2. The Second Cycle in progress it is 5-3-5-3 complete and the fifth wave is incomplete it may be five structures on a lower degree
3. Price maybe travels as 1.27% -103, 1.618% -110 for 3rd wave and if price correct for 4th wave and break 3rd wave structure for 5th wave 2.618% -130 it is the upper end of expanded Diagonal.
4. Price gives a valid breakout with high volume in the last trading session.


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it is my personal research Before investment please advise your finance adviser it is only for educational purposes.

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