BANK OF BARODA-20DEMA GOLDER CROSSOVER IN DAILY CHArt

6 Nov

Bk of Baroda: Trading above all its EMAs viz 20/50/100/200.Moreover 20DEMA Cross over on daily chart and trading above its Trend line resistance of 260 with reasonable volume suggests a possible break out. I will be a buyer for a Target-1 of 275 and Target -2 of 285-290.Conservative traders may wait for a breakout confirmation at 265 levels(For educational purpose only)