Monday 18 February 2013

Technical view by Nooresh

Technical view by Nooresh

Bank of Baroda – Oversold and retest of channel. Investment pick

Posted: 18 Feb 2013 12:21 AM PST

BOB thumb Bank of Baroda – Oversold and retest of channel. Investment pick

 

Although for now the stock is a bounce back idea towards 850. This seems an excellent entry point for long term with upsides to 900-950.

Stoploss would be 740. Momentum trade above 775 for 800-820 with 10-15 rs stops.

 

Nooresh Merani

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