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Bank of Baroda

Discussion in 'Technical Analysis' started by chequesuraj, Aug 24, 2012.

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  1. chequesuraj

    chequesuraj Member

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    Hello Friends,:)

    This is my observation..kindly guide me

    Bank of Baroda

    Below 640-635 Bank of Baroda can be good short sell for target of 615???:confused:

    It has formed Head and shoulders pattern is it bearish pattern.:paranoid:

    -suraj
     
    chequesuraj, Aug 24, 2012
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  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Head and shoulder pattern is bearish pattern, u r correct but it has taken almost a year so don't use that pattern. Recently it has formed M pattern and breakdown which is also bearish pattern but now u have missed and if planning to short then short below 614.
     
    sanjay_sansanwal, Aug 24, 2012
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  3. sujan4bw

    sujan4bw Member

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    Hi Suraj,

    Can you attach chart which you have analyzed and also pls highlight Head and shoulders patterns. Also mention for what time frame you have analyzed the chart 6 month...1year or 2 year?

    Regards
    Sujan
     
    sujan4bw, Aug 24, 2012
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  4. chequesuraj

    chequesuraj Member

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    Sujan,

    I have seen chart on nseindia for the period of 1year and 6 months

    Can you pls guide me to find out charts online...

    I was trying on chartlink but the url is not working...

    regards
    Suraj
     
    chequesuraj, Aug 24, 2012
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  5. shabbir

    shabbir Administrator Staff Member

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    shabbir, Aug 24, 2012
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  6. shabbir

    shabbir Administrator Staff Member

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    I just realized that you typed chartlink and it is chartink
     
    shabbir, Aug 24, 2012
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  7. chequesuraj

    chequesuraj Member

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    chequesuraj, Aug 24, 2012
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  8. shabbir

    shabbir Administrator Staff Member

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    Yes that link was wrong and corrected in that post as well.
     
    shabbir, Aug 24, 2012
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