Preeti Kapoor

Bank of Baroda                                                             Technical Analysis Stock Name: Bank of Baroda Trend: Bullish, Trading in Channel Bank of Baroda: Ready to touch resistance level (130)                                      Support  level is (100) Technical Pattern: Channel Trading Directional Index (Momentum): Positive RSI: Trading in channel Volume: Positive Disclaimer : This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before making any financial decision.

 Benefits of Technical Analysis It helps to select stocks and commodities for trading. It helps to identify trends. It helps to find the strength in trends. It helps when to buy and sell a stock or a commodity. It helps to minimize risk. It helps to generate profit in intra-day, short term and long term. It helps to place a stop loss. It helps to find over-bought and over the sold area.

RECESSION India has zero probability of slipping into recession in the next year. While other economies, including Asia, Europe and the US face the risk of crisis.  A global pandemic, a war between two nations and a breakdown in the supply chain system resulted in sky-rocketing inflation. The global recession is just around the corner. India's Recession Probability is ZERO.

 Technical Analysis

FPIs in Commodity Derivatives SEBI allows foreign portfolio investors to participate in the exchange-traded commodity derivatives. It enhances the liquidity in the Indian market. It reduces the price gap. FPIs are allowed to trade in all non-agricultural derivatives. They are allowed to participate in the cash settlement contract. Their participation will bring down the transaction cost in the commodity segment. Presently, 10000 FPIs are registered in the Indian commodity market, the same will bring liquidity to the Indian ETCDs segment (Exchange Traded Commodity Derivatives).

  Post Office Saving Schemes

  SWIFT CODE SWIFT stands for Society of Worldwide Interbank Financial Telecommunication. For international business, SWIFT codes are a common part of conducting transactions SWIFT code is a business Identification Code assigned to banks by SWIFT, as an easy cross-border payment solution. Swift code is an alpha-numeric code comprising bank code, country code, location code and branch code. Used by banks and financial institutions to identify themselves globally. Mainly used to process international remittances or money transfers. For transferring money within India you need an IFSC code, not a SWIFT code. You need the beneficiary name, bank details, and account number along with a SWIFT code to make a transfer internationally.