Symmentrical Triangle Formation in Bank Baroda(Daily TImeframe)

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Baroda Bank is making Symmetrical Triangle pattern. Duration of this pattern is more than 8 months so we can consider it as a reliable pattern. Greater the duration taken by an underlying, more reliable it can be. So keep an eye on Baroda Bank and wait for Breakdown/Breakout. One can initiate the trade in Baroda Bank after crossing important levels which i have marked on the chart.

Dagangan aktif

Target 1= 175.85 reached

Dagangan aktif

Bank of Baroda Retesting. If price establishes support at this level (175.85). Then can expect next upmove towards 190.40

Dagangan ditutup: sasaran tercapai

All Targets has been reached!

Avinash9087

Penafian

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