RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BANKBARODA.NS
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Bank of Baroda stock price up 2.05% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 13, 2024 Gain 1.21% PDF

The Bank of Baroda stock price gained 2.05% on the last trading day (Thursday, 28th Mar 2024), rising from ₹258.75 to ₹264.05. During the last trading day the stock fluctuated 2.96% from a day low at ₹258.75 to a day high of ₹266.40. The price has risen in 6 of the last 10 days and is up by 1.21% over the past 2 weeks. Volume fell on the last day by -7 million shares and in total, 12 million shares were bought and sold for approximately ₹3.16 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 19.60% during the next 3 months and, with a 90% probability hold a price between ₹303.46 and ₹350.92 at the end of this 3-month period.

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BANKBARODA.NS Signals & Forecast

Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Bank of Baroda stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at ₹265.38. On a fall, the stock will find some support from the short-term average at ₹256.97. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -6.55%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Bank of Baroda stock

Bank of Baroda finds support from accumulated volume at ₹263.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹7.65 between high and low, or 2.96%. For the last week, the stock has had daily average volatility of 2.34%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BANKBARODA.NS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Bank of Baroda to open at ₹263.07, and during the day (based on 14 day Average True Range), to move between ₹255.86 and ₹272.24, which gives a possible trading interval of +/-₹8.19 (+/-3.10%) up or down from last closing price. If Bank of Baroda takes out the full calculated possible swing range there will be an estimated 6.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹263.50 (0.21%) than the resistance at ₹267.80 (1.42%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Bank of Baroda stock A Buy?

The Bank of Baroda stock holds several negative signals and despite the positive trend, we believe Bank of Baroda will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.888 Sell Candidate Unchanged

Predicted Opening Price for Bank of Baroda of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹263.07 ( 0.372%) ₹264.05

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BANKBARODA.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 270.72 2.52 %
R2 267.79 1.42 %
R1 265.99 0.734 %
Current price: 264.05
Support S1 260.14 -1.48 %
S2 258.34 -2.16 %
S3 255.42 -3.27 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 282.55 7.01 %
R2 275.70 4.41 %
R1 267.80 1.42 %
Current price 264.05
Support S1 263.50 -0.208%
S2 247.60 -6.23%
S3 244.65 -7.35%

BANKBARODA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 30, 2023 Jun 30, 2023 Jun 30, 2023 ₹5.50 2.89%
2 Jun 17, 2022 Jun 17, 2022 Jun 17, 2022 ₹2.85 3.00%
3 May 18, 2017 Jun 22, 2017 Jul 11, 2017 ₹1.20 0.738%
4 May 11, 2015 Jun 16, 2015 Jul 08, 2015 ₹3.20 2.11%
5 May 13, 2014 Jun 12, 2014 Jul 09, 2014 ₹2.10 1.26%

FAQ

What is the symbol for Bank of Baroda Stock and on which exchange is it traded?
The symbol for Bank of Baroda is BANKBARODA.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell Bank of Baroda Stock?
The Bank of Baroda stock holds several negative signals and despite the positive trend, we believe Bank of Baroda will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Bank of Baroda Stock?
Bank of Baroda Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Bank of Baroda Stock.

What's the current price of Bank of Baroda Stock?
As of the end of day on the 2024-03-28, the price of an Bank of Baroda (BANKBARODA.NS) share was ₹264.05.

What is the 52-week high and low for Bank of Baroda Stock?
The 52-week high for Bank of Baroda Stock is ₹285.60 and the 52-week low is ₹160.00.

What is the market capitalization of Bank of Baroda Stock?
As of the 2024-03-28, the market capitalization of Bank of Baroda is 1.365T.

When is the next earnings date for Bank of Baroda?
The upcoming earnings date for Bank of Baroda is May 14, 2024.
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About Bank of Baroda

Bank of Baroda Bank of Baroda provides various banking products and services to individuals, government departments, and corporate customers. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers savings and current accounts; term, fixed and recurring deposits; and NRI deposit products. The company also provides loans, such as home, education, vehicle, gold, mudra, personal, and mort... BANKBARODA.NS Profile

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