MAY Watchlist - Stock No. 1 - BANKBARODA
For the first half of may,
I am going to look for long opportunities in the stock
and trade whenever the price looks right.
Areas I'm looking at :
- Current price too, 1st target of upper line.
- Breakout above line with a feasible SL.
- If it goes down, any price close to yellow trendline.
As with every chart, I will update it with commentary.
THE RATIONALE : It used to immediately reverse from these levels in the past but this time it has convincingly broke those levels. Either we will see immediate reversal or else I expect it to go up in May.
I am going to look for long opportunities in the stock
and trade whenever the price looks right.
Areas I'm looking at :
- Current price too, 1st target of upper line.
- Breakout above line with a feasible SL.
- If it goes down, any price close to yellow trendline.
As with every chart, I will update it with commentary.
THE RATIONALE : It used to immediately reverse from these levels in the past but this time it has convincingly broke those levels. Either we will see immediate reversal or else I expect it to go up in May.
Note
Flat as of now. Let's see.Note
Touched the upper line today. Failed to close above it though.
Trade fermée: cible de profit atteinte
Initial targets achieved
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.