BANK OF BARODA
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Break Out Trade in Bank of Baroda

129
Date: 16-Jan-2022.
Rating: Buy.
LTP: Rs. 93.60.
Target: Rs. 108-->125-->135.
SL: Follow the trailing SL indicated by the moving averages.

BOB has created a break out from the current secondary trend with higher volume . 7D EMA has crossed over 13D and 26D EMA lines, suggesting an uptrend from here. MACD and RSI have also crossed over to buy zone.

Disclaimer: Investing in stock market is very risky. One should do a self analysis and validation before investing in stock market.

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