#BankBaroda #Longterm #InvestmentBelieve it or not !
Strong Bullish Structure formed.
Targets 🎯 are intact for Short to Long term Investment.
Still can maintain SL as per your analysis.
Bankbarodalong
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
Breakout in BANKBARODABOB has given breakout with volume after long time and sustain for while as well to confirm that the breakout was genuine.
Expected targets 110, 135 and 165
BANKBARODA Looks Good for positionalNSE:BANKBARODA
BANKBARODA looks good above 80.
its can be trade for short term with the targets of 85, 90-92
BANK OF BARODAHello and a warm welcome to this analysis on Bank of Baroda
In daily time frame it has made a Bullish Harmonic Gartley and in hourly it has made a Bullish Regular RSI Divergence.
Both suggesting a pullback till 85-90 as long as it does not breach 78.25
Bank of Baroda in bullish patternsBank of Baroda is forming Bullish pattern and is likely to give 15 % return in short time duration.
