BANKBARODA - AS ON 23 NOVEMBER
THE 0-B TRENDLINE IS THE MOST IMPORTANT HERE.
THERE ARE 2 POSSIBILITIES
A. WAVE C IS AN ENDING DIAGONAL WITH WAVES 1 TO 5 OF C WAVE COMPLETED. THIS GIVES US A TARGET OF 98 WHICH SHOULD BE REACHED BU THIS MONTHEND. THIS SEEMS TO BE A LESS PROBABLE SCENARIO
B. WAVE 1 TO 4 OF C WAVE IS COMPLETE BUT WAVE 5 IS PENDING. THIS LOOKS A MORE PROBABLE SCENARIO. IF THIS OCCURS, WAVE 5 OF THE C WAVE WILL REACH AT LEAST 113.55. WATCH FOR THE COMP[LETION OF 5 WAVES ON THE UPSIDE AND THEN SHORT. THE TARGET AGAIN WOULD BE 98 WITH A STOPLOSS OF 121.55. TARGET SHOULD BE REACHED BEFORE NEXT MID-MONTH
ALL DEPENDS ON THE BREACH OF THE 0-B LINE, HOWEVER, BANKBARODA IS DESTINED TO FALL IN THE MEDIUM TERM
THE 0-B TRENDLINE IS THE MOST IMPORTANT HERE.
THERE ARE 2 POSSIBILITIES
A. WAVE C IS AN ENDING DIAGONAL WITH WAVES 1 TO 5 OF C WAVE COMPLETED. THIS GIVES US A TARGET OF 98 WHICH SHOULD BE REACHED BU THIS MONTHEND. THIS SEEMS TO BE A LESS PROBABLE SCENARIO
B. WAVE 1 TO 4 OF C WAVE IS COMPLETE BUT WAVE 5 IS PENDING. THIS LOOKS A MORE PROBABLE SCENARIO. IF THIS OCCURS, WAVE 5 OF THE C WAVE WILL REACH AT LEAST 113.55. WATCH FOR THE COMP[LETION OF 5 WAVES ON THE UPSIDE AND THEN SHORT. THE TARGET AGAIN WOULD BE 98 WITH A STOPLOSS OF 121.55. TARGET SHOULD BE REACHED BEFORE NEXT MID-MONTH
ALL DEPENDS ON THE BREACH OF THE 0-B LINE, HOWEVER, BANKBARODA IS DESTINED TO FALL IN THE MEDIUM TERM
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.