Stock of the day : Buy Bank of Baroda Ltd For Target Rs. 208 - Religare Broking Ltd
Bank of Baroda Ltd
* Bank of Baroda has rebounded strongly from the upsloping trendline support, which it has been holding firmly for last one year.
* It has registered a fresh breakout from a base and falling trendline, holding above its key moving averages.
* Price action coupled with supportive volumes suggests bullish tone continue.
* We thus recommend creating fresh longs in the mentioned zone.
Buy Bank of Baroda Ltd CMP 195.90; Range 194-196; SL 188; Target 208
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