As of May 30, 2025, Bank of Baroda (NSE: BANKBARODA) closed at ₹249.55, reflecting a 2.59% increase from the previous close.
📊 Monthly Support and Resistance Levels (May 2025)
Based on pivot point analysis, the following are the key support and resistance levels for Bank of Baroda for May 2025:
Support Levels:
S1: ₹238.06
S2: ₹224.04
S3: ₹198.52
Resistance Levels:
R1: ₹263.58
R2: ₹277.60
R3: ₹303.12
📈 Technical Overview
52-Week Range: ₹190.70 – ₹299.70
Recent High (May 30): ₹251.53
Recent Low (May 30): ₹242.16
Volume: Approximately 18.9 million shares traded on May 30
🔍 Analyst Insights
Nomura maintains a 'Buy' rating with a target price of ₹265, suggesting an 18% upside from the current price.
JM Financial also recommends a 'Buy' with a target of ₹250, aligning closely with the current market price.
✅ Summary
Bank of Baroda is currently trading near its immediate resistance level of ₹254.85. A breakout above this level could signal further upward momentum towards ₹260.15 and ₹268.77. Conversely, if the stock fails to sustain above ₹254.85, it may find support at ₹240.93 and ₹232.31.
Given the positive analyst outlook and current technical indicators, monitoring the stock's movement around these key levels could provide potential trading opportunities.
📊 Monthly Support and Resistance Levels (May 2025)
Based on pivot point analysis, the following are the key support and resistance levels for Bank of Baroda for May 2025:
Support Levels:
S1: ₹238.06
S2: ₹224.04
S3: ₹198.52
Resistance Levels:
R1: ₹263.58
R2: ₹277.60
R3: ₹303.12
📈 Technical Overview
52-Week Range: ₹190.70 – ₹299.70
Recent High (May 30): ₹251.53
Recent Low (May 30): ₹242.16
Volume: Approximately 18.9 million shares traded on May 30
🔍 Analyst Insights
Nomura maintains a 'Buy' rating with a target price of ₹265, suggesting an 18% upside from the current price.
JM Financial also recommends a 'Buy' with a target of ₹250, aligning closely with the current market price.
✅ Summary
Bank of Baroda is currently trading near its immediate resistance level of ₹254.85. A breakout above this level could signal further upward momentum towards ₹260.15 and ₹268.77. Conversely, if the stock fails to sustain above ₹254.85, it may find support at ₹240.93 and ₹232.31.
Given the positive analyst outlook and current technical indicators, monitoring the stock's movement around these key levels could provide potential trading opportunities.
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WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Hello Guys ..
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.