Business: Bank of Baroda share price today: September 18. At 2:01 pm, Bank of Baroda shares are trading at ₹239.1, down -0.25% from the previous close. Sensex is trading at ₹82,900.3, down -0.22%. The stock touched a high of ₹240.9 and a low of ₹238.25 during the day.
Technically, the stock is trading above its 5-day SMA and below 10,20,50,100,300-day SMA. The stock will find support at 5-day SMA and resistance at 10,20,50,100,300-day SMA. The SMA value of the stock is shown below:
Simple Daily Moving Average
5,236.81
10,239.33
20,245.55
50,249.09
100,259.76
300,252.01
Classic reversal level analysis shows that the major resistance levels of the stock are Rs 240.7, 241.9 and 243.15 and the major support levels on the daily time frame of Rs 0.8 are Rs 238.25, 237.0 and 235.
As of 2:00 PM today, the trading volume of Bank of Baroda on NSE and BSE was -53.78% lower than the previous trading session. Apart from price, an important indicator to study a trend is the trading volume. Positive price movement on high volume indicates continuation of bullish trend, while negative price movement on high volume may indicate further price decline.
As per Mint’s technical analysis, although the stock is showing early signs of trend reversal after a significant decline, continued monitoring is recommended.
From a fundamental perspective, the company’s ROE is 16.70%. The current stock price of the company is 16.70%.
