Banking Stock - Keep An Eye - BANKBARODA📊 Script: BANKBARODA
📊 Sector: Banks
📊 Industry: Banks - Public Sector
Key highlights: 💡⚡
📈 Script has given breakout of Double Bottom pattern but didn't sustain keep an eye on it we may see good rally.
📈 One can go for Swing Trade above 284.
BUY ONLY ABOVE 284
⏱️ C.M.P 📑💰- 281
🟢 Target 🎯🏆 - 311
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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BANKBARODA
#TATAINVEST 2689 BUY for 30% upside #stocksToWatch Rachit Sethia#TATAINVEST
NSE:TATAINVEST
TATAINVEST 2689
TGT 3525
SL 2377
RR = 2.7
Return 31%
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
TRADE SETUP_ A 20% up move in BOBThe Stock is looking like coming out from wave 4 correction and is in the right demand zone, ready for its next move up towards 225 zone(25% from CMP).
It should also be noted that the Bank had announced its results on 4th of November and posted solid Stand Alone Net Profit of Rs.42.53B vs Rs.33.13B(YOY).
190 is the crucial support for the stock and 185 can be used as a SL.
CMP - 191.25
SUPPORT - 190
SL - 185-186
TARGET - 220-230
#FILATEX 46.90 Upside 17% Recommended Buy - Rachit SethiaFILATEX 46.90
TGT 55
SL 43
TF < 6M
Return > 17% ++
RR > 2.5
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: Bank Of Baroda
🔍 Description: The PSU Bank sector is on fire, Bank Of Baroda is on Linear scale support, in case of bounce back it can touch 220 to 258 levels.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
BANKBARODANSE:BANKBARODA
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
BankbarodaNSE:BANKBARODA
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
There can be a pause or reversal, at the dash line.
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
still short covering going on.short covering is going on in the stock. very bullish. 5 days future data shows short covering still continues. 1 day data shows long unwinding more then shorts unwind. but i am very bullish on stock , its my view, for educational purpose only. still the rally continues.
BK OF BARODA : Breakout trade setupBK 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.