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Technicals for Bank of Baroda Limited
By MusingTheNews
2025-06-13 20:25
Overall Technical outlook
Price Summary
On 2025-06-12, Bank of Baroda Limited's stock opened at 243.2, spiked to 244.2, declined to 239.17, and closed -1.04% down at 240.66, with 9386566 shares traded. The highest price the stock achieved in the past 52 weeks is 287.3, while the lowest price it saw is 195.91. Based on recommendations from 33 analysts, the future price of BANKBARODA is expected to range from 200.0 to 315.0, with an average price expectation around 263.9697.
Technicals
Support and Resistance: The price for BANKBARODA at 240.66 finds support at 240.59 and resistance at 246.68. This suggests a trading range, where 240.59 serves as a support level and 246.68 acts as a resistance point, potentially capping further gains. Support/Resistance for BANKBARODA
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Bank of Baroda Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Bank of Baroda Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Bank of Baroda Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Stochastic chart for Bank of Baroda Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend for BANKBARODA is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering. Tripple SMA chart for Bank of Baroda Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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