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Tag Archives: Market volatility

Recent Bearish Price action setup of Trapped traders in Bank of Baroda Shares

A Bearish Price action saga in PSU Banks

By Trading Predator February 19th, 2018 No Comments

Public Sector Banks are crumbling under bear’s grip, Shares of Major PSU banks are trading lower as they continue to take the hit post PNB Scam. As Charles Dow (the famous forefather of Technical analysis and Inventor of Dow theory) once said “Prices discount everything”, Price action of many Bank shares reflected the Bearish sentiment.