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2024

Stock Radar: Bank of Baroda reclaims 200-DMA, could see short covering rally above Rs 260; should you buy?

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Bank of Baroda shares declined more than 15% from their June 2024 highs yet appear to have stabilised above Rs 230. Analysts recommend buying if the price exceeds Rs 260, aiming for Rs 300. The stock demonstrated consistent support at the 200-day EMA, despite being below various short-term moving averages.