Bank of Baroda (for swing trading)
Daily Time Frame: Symmetric triangle breakout and retest with good volumes
Resistance Zone : 86.5-88.5
Support Zone: 81.1-82.3
Upside Target: 99.8
Downside Target:73.05,61.65,47.9
Requirements to enter for upside target : 1. 15 mins strong candle like Marubozu candle closing above 88.5
2. Volumes greater than 50VolumeMA
3. RSI above 60
And just vice versa for downside targets
Resistance Zone : 86.5-88.5
Support Zone: 81.1-82.3
Upside Target: 99.8
Downside Target:73.05,61.65,47.9
Requirements to enter for upside target : 1. 15 mins strong candle like Marubozu candle closing above 88.5
2. Volumes greater than 50VolumeMA
3. RSI above 60
And just vice versa for downside targets
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