Bank Baroda target 300 Bank Baroda elliot wave analysis daily time period chart . Wave A,B or C flat correction or Wave C internal 1,2,3,4 or 5 and draw 2 or 4 trendline price break
BANKBARODA trade ideas
BANK OF BARODA S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
BOB 17.08.2024Bank of baroda shows support at cmp. May shows big reversal. For educational purpose only.
Bank of Baroda LongBank of Baroda
Price is coming from Daily Supply
BOB - Daily Demand @ 230 Level
Current Demand already Breakdown so Fresh Demand is only 230
This is Not Tested Zone -
230- Proximal Basis & 200 Distal so Expecting Price can come to this Zone
Other wise Buy On if Close above 250 Level
Bank of Baroda in Rectangular PatternBank of Baroda NSE:BANKBARODA is at the lower end of Rectangular Pattern. You can buy above 257 and Target would be 295
Bank of Baroda 29 July 2024It take it's Fib sequence zone support now it's tend to touch previous 7,21 Ema cross.
BANKBARODATaking good support. wait for the candle close. Pls do your own analysis before entering any trade. Kindly boost the idea if it helps you. Thank you
Bank of Baroda -Harmonic patternIn 4HR time frame,
Price near daily demand zone.
Harmonic bat pattern entry near 0.886 level.
RSI below 35
Bank of Baroda hitting ResistenceBank of Baroda has completed long-term cup and handle formation but has hit resistance and finds it difficult to cross current levels. Once it can close above the current level, we can expect a min INR 150 upside from here.
BANK OF BARODA - Multi year Breakout Investment pick 40% ROIThe stock has given a multiyear Breakout in Monthly and continuing its momentum strong.
It has decisively broken resistance ranges of multiple years 2010,2014,2015,2017,2022,2023.
One may consider to enter on current market price and accumulate on dips for a target of minimum 410.
Bank Of Baroda Short IdeaRejection Candle from same Zone, Weekly Support not before 239. Should See Decline in this week.
Fundamental Picks - Stock PE < 20 (NIFTY BANK)📊 Script: BANKBARODA
⏱️ C.M.P 📑- 254
🎯 PE 🏆 - 6.98
📊 Script: FEDERALBNK
⏱️ C.M.P 📑- 159
🎯 PE 🏆 - 9.33
📊 Script: BANDHANBNK
⏱️ C.M.P 📑- 187
🎯 PE 🏆 - 10.12
📊 Script: SBIN
⏱️ C.M.P 📑- 817
🎯 PE 🏆 - 11.43
📊 Script: INDUSINDBK
⏱️ C.M.P 📑- 1410
🎯 PE 🏆 - 12.66
📊 Script: HDFCBANK
⏱️ C.M.P 📑- 1437
🎯 PE 🏆 - 16.07
📊 Script: IDFCFIRSTB
⏱️ C.M.P 📑- 76
🎯 PE 🏆 - 17.13
📊 Script: PNB
⏱️ C.M.P 📑- 123
🎯 PE 🏆 - 17.89
📊 Script: ICICIBANK
⏱️ C.M.P 📑- 1117
🎯 PE 🏆 - 18.44
📊 Script: KOTAKBANK
⏱️ C.M.P 📑- 1627
🎯 PE 🏆 - 18.49
Formula to calculate PE = MVP/EPS
MVP - Market Value Per Share (Stock Price)
EPS - Earning Per Share
Industry(NIFTYBANK) PE - 15.7
Always Compare Stock PE with Industry PE for Better Understanding.
LOWER THE PE MORE ATTRACTIVE THE COMPANY.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Just a view (BOB)Educational purpose only
CHart explains itself
MACD showing crossover
CMD 271
Target 283
SL 3%
KEEP WATCH ON MARKET< IF MARKET FALLs EXIT the trade
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.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
BANK OF BARODANice consolidation pattern, although not a bookish one. A stock to watch. RS and Money Flow are positive. Momentum is coming in. Increasing Delivery Volumes. A Bullish close above 285 will send the stock into a new orbit.
Bank of baroda at supportBank of baroda taking support of lower trendline in girane pattern. Can be taken for 270 target.
Only for educational purpose
Bank of Baroda: Riding the 5-Wave UP, Now Bracing for ABC DOWNAs evident from the chart, Bank of Baroda has successfully completed its five-wave uptrend, followed by a notable sell-off. This sell-off appears to signify the completion of a corrective wave, which often precedes a countertrend movement. Considering the subsequent upside movement as a B wave, it's customary for B waves to culminate around .6 and .7 retracement levels, forming an ABC pattern. Anticipating the arrival of the C wave, it presents an opportunity for a short-side trade initiation.
Bullish break out Bullish break out in Bank of Baroda after taking rejections from the level of 280 finally Bank of Baroda break it and done retest now we can see the levels of 300
📈 Bank of Baroda: Riding the Waves of Support and Resistance!Hello Alpha Traders!
Let's delve into Bank of Baroda today. Here's a snapshot:
📊 1-Hour Trend Analysis: NSE:BANKBARODA is currently riding an upward trend in the 1-hour session, showcasing resilience at support levels.
🔄 Support and Resistance Dynamics: Observing a pattern where the stock breaks its resistance, retraces to find support, and then resumes its upward journey.
📈 Current Scenario: With the recent breakout above resistance, the stock is now retesting its support level before potential further upside.
💰 Trading Opportunity: Consider taking a long position in the range of 260 to 240 rupees, with a stop loss placed below the support trend line for risk management.
📌 Stay Vigilant: Always stay alert to market movements and adjust your strategies accordingly.
🚀 Chart Analysis: Dive deeper into the chart analysis for a comprehensive understanding of the stock's movements.
Looking forward to your insights and trades, Alpha Traders! 🚀💼
Best regards,
Alpha Trading Station
Bank of Barodaposting monthly chart this time and on every weekly correction add this.... keep sip mode on for next 3 years.... no short term view or target.
Bank of Baroda11/02/2024
Bank of Baroda
CMP 263.50
Wait for retest around 255-250
Information is only for study purpose
