Stock of the day : Bank of Baroda Ltd by Target Rs. 259 - Religare Broking Ltd

Bank of Baroda Ltd
Buy Bank of Baroda Ltd CMP 247.05 Range 246-248 SL 241 Target 259
* Bank of Baroda experienced a significant upward breakout, surpassing a prolonged consolidation range and reaching a four-week high.
* The stock demonstrated a bullish triangle pattern breakout, indicating potential continuation of the upward trend.
* It maintains strong above critical and important moving averages, including the 21, 50 and 100-day Exponential Moving Averages (EMAs).
* Investors are recommended to consider initiating long positions at identified entry levels.
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