Scrip Name : Bank of Baroda
A Run away GAP is observed with raising Volume.The bullish view is Expected to Continue.
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Scrip Name : Bank of Baroda
A Run away GAP is observed with raising Volume.The bullish view is Expected to Continue.
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Please Comment on my recommendation if i am wrong at any thing so as to improve further.
undoubtedly it is bullish, good spot
But it is not on the runaway zone, rather it is just given breakout. Because volume is high..
BANK OF BARODA WILL COME 160 TOMORROW 31.01.2017. BECAUSE ALREADY RAISED AROUND 9% FOR PAST 4 DAYS
Dear sir/madam
IT seems the trade plan is based on 27 .01 2017. The stop loss has to be at 162 or 161 and not in 152. IF it is to be at 152 then RISK is 10%for reward 7%
The scrip is nearing 52W HIGH(Ref nseindia.com)
My humble view is to avoid long when the scrip is 52w high and short when the scrip in near 52w low