Bank Of Baroda is at 200 SMA and it has acted as a good support to it holding above it will lead it to short term move till 860. Trade can be initiate withe the time horizon of couple of week and strict SL of 817. Bank of Baroda is the only Public sector bank recommended as buy by Goldman in its recent research report on Indian finance. Target given for the bank was 1110.


Cheers
Chirag CM