In Bank of Baroda Shares, we can witness ascending triangle is formed during January 2021 and price break out happened on 22 January 2021. Therefore, at the price of Rs. 67.2 we can make an entry by purchasing this shares. Stop loss should be nearest support level ie., 62 and the target can be fixed by adding the height of the triangle to entry level price ie., 67.2 plus (67.2-56) ie 78.2.
Entry by buying at Rs. 67.2 Stop loss 62 Target: Rs. 78.2