#BankOfBaroda
Bank of Baroda:
Today it has breached all time High.
Let's deep dive. 👇
RETWEET for maximum reach.
Price: ₹291.20
Trend: Strong Uptrend
Timeframe: Weekly
Bank of Baroda is showing powerful bullish momentum on the weekly timeframe.
After a multi-week consolidation phase near ₹235-₹250 levels, the stock has broken out convincingly and is now trading at new highs.
Key Technical Signals:
✅ Breakout above previous swing high – Signals continuation of bullish trend.
✅ Strong volume expansion – Valid breakout supported by institutional activity.
✅ Price > 50 EMA & 200 EMA – Trend alignment + clear bullish structure.
✅ Golden trend structure – 50 EMA above 200 EMA, price strongly riding above moving averages.
✅ Higher Highs & Higher Lows formation intact.
Market Psychology:
This breakout indicates strong confidence in PSU banking space and
#BoB is emerging as a sector leader with solid relative strength.
No overhead supply above previous highs leads to momentum acceleration and the sky should be the limit now.
Levels to Watch:
Support Zone₹270 – ₹280
Major Support50EMA ~₹265
Resistance (Psychological)₹300(jesse levermore)
Next Target Levels₹315 / ₹330(if momentum sustains) at least.
A weekly close above ₹300 can open doors for sharp upside as it's a psychological barrier + round number zone.
⚠️ Risk & Strategy
Avoid chasing if it gaps up further — look for pullback towards ₹275-₹280 for better R/R.
Trail stop loss below ₹265 (50 EMA) for swing positions.
Monitor weekly candle strength near resistance.
This is a trending stock — best traded with a trend-following mindset.
Remember the market is bearish, so it can squat anytime.
This is not a buy or sell recommendation, for educational purposes ONLY.
Thank you 😊🙏 for your time 🙏.