BANK OF BARODA - BREAKOUT TRENDLINE - WEEKLY CHART.
Bank of Baroda is at an old support area, has formed a Hammer candle.
Once it gives BO of the the trendline then there is probability of going up. It may also spend some time between 215-230 before giving an upside move.
High of the Hammer candle-230 seems an Entry point and 216-SL.
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Once it gives BO of the the trendline then there is probability of going up. It may also spend some time between 215-230 before giving an upside move.
High of the Hammer candle-230 seems an Entry point and 216-SL.
If you like my analysis, please follow me as a token of appreciation :)
in.tradingview.com/u/SatpalS/
For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
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