BANK OF BARODA
- As per chart no1, stock is moving above its golden ratio resistance, this indicates as long as stock trades above bulls will be favored.
- As per technical chart no2, BOB is trading above its 20 DMA, this too will favor bulls as long as stock holds above. Even stock major trend indicator "MACD" is in +ve zone and above levels zero, this indicates further price rise can be seen.
- As per chart no3, Once stock closes and starts trading above 966 that`s its recent high then further strength is expecting and on upper side will find next resistance around 1009.
- Intraday trading tips - Close watch once stock starts trading above 1009 during trading hours, if holds above 1009 then intraday bulls action is expecting.
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