Buzzing stocks-Bank of Baroda achieved 169 target heading for 183

BANKBARODA share analysis

BANKBARODA share analysis

Bank of Baroda stock is trading at 176 with almost 105 gains. Stock is top gainer in F&O segment as well as in nifty 50 index.

Stock is in strong uptrend and we saw strong buying above 159. Stock achieved downside target on last panic and now is in uptrend after breakout above 159. On upside 169 was first swing target and next target will be 183.

 

Stock future traders above 169, keep buy and accumulate view and expect target of 183 in short terms. Above 183, stock will be super bullish for target 193 and 205. Stock option traders can buy and accumulate in Bank of Baroda 170 call options on decline for big short term gains. Today this stock option rallied from low near 5 to high near 12.

 

Bank of Baroda stock from medium to long term view, given breakout above 160 for target 180 and 202. 180 rupee target is almost insight while expect 202 above 180 rupee on weekly closing basis.

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