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insight95in
Gold Member
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Bank Of Baroda (Rs. 434)

Since the upper circuit levels on the 18th of May 09 the stock
has been sideways within a range having little impact of the
market volatility.

A large breakout from this consolidation period can be
expected in the coming week above the level of 450 that
should lead to a blow-off.

STRATEGY: Buy only on a move above 450 with a closing
stop loss below 419 for a short-term target of 500.

Support: 419 and 400 Resistance: 450 and 475
12.31 PM Jun 22nd 2009  | Track
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