Bank of Baroda, ready to conquer the blue sky after a long gap
So Guys, Bank of Baroda's stock price reached 190 in September 2014, briefly touched 228-230 in January 2015, and then attempted to reach those levels again in August 2015, May 2017, and October 2017, but was unsuccessful to give a breakout. In December 2022, the stock price again reached 190, but retraced from there and fell to the level of 145-146 in January 2023. It rebounded to 210 in July 2023 and retested the crucial 190 level in August 2023. I believe that the stock has now broken out of the 190 barrier for good.
Based on this technical analysis, I believe that Bank of Baroda's stock is poised to enter a bullish phase and reach new highs. However, it is important to note that my views may be biased, as I am invested in this stock. Investors should always do their own research before making any investment decisions.
Based on this technical analysis, I believe that Bank of Baroda's stock is poised to enter a bullish phase and reach new highs. However, it is important to note that my views may be biased, as I am invested in this stock. Investors should always do their own research before making any investment decisions.