Bank of Baroda has given a breakout of an ascending triangle. Volumes are fairly stable, but if you compare it to volumes of 3 periods ago, there is a strong jump, with nearly 4 times increase. Moving averages have given a positive crossover.
MACD, Stochastics and RSI have all given positive crossovers in our periods under consideration. Moreover MACD crossover is close to the zero (centre) line which makes it more bullish.
Target : 650
Stop Loss : 555
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