BANKBARODA trade ideas
#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.
Long BankoFBarodaTook position at 108 , was for personal study .. sharing the chart for analysis and observation !!
Rise & Shine !
Bank of Baroda LongEnter at 117 with a stop loss of 111. Exit half the position at 124 and trail the other half. Second target would be at 129, where you can exit or move your trailing stops.
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.
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
