Bank of Baroda is taking support at Rs 99.50 which is the previous high and 20 days MA. Expect to bounce back to Rs 105 - 106 levels. If BOB breaks over Rs 107 with volume on closing basis, it can reach a target of RS 120 - Rs 130.
Currently Bank Nifty is at 50 days MA support and its previous support of 38400 range. Bank Nifty is Expected to bounce back and could reach to 39000 range. Stop loss 37300
