Buy Bank of Baroda above 160. Target 190. 3 months. SL 150. Banks to rally, if NIFTY has to rally.
Nice Hammer candle stick. in weekly charts.
Being a bull in the market, i feared Bank of Baroda will fall when it was trading 188-200. 3 Straight ‘Shooting stars’ in weekly charts.
I had to close my eyes and recommend to sell Bank of Baroda. I could not give more lesser target being a bull. The stock was technically hammered below 160.
Triple inverted hammer in BOB weekly charts. Sell below 184. Target 170. 2 weeks.
Medium term investors can hold BOB with SL of 184.
For intra-day you can buy BOB with SL of 185. Target 190.4
P.S: Technical terms are used to make sure beginners and dependents take their time, search and learn about the terms.