In this post, we are going to do a technical analysis of the Bank of Baroda (BOB) Share Price Target. Bank of Baroda is Currently trading at 143.55. We will check the upside as well as the downside Price target of Bank of Baroda share.
We are going to do the analysis from a Higher time frame to a lower time frame.
Monthly Chart Analysis of BOB
Chart Courtesy: Tradingview
UPTREND
- 1st Target: 150
- 2nd Target: 180
- 3rd Target: 205
- 4th Target: 230
Bank of Baroda is has given three green candles on the monthly candlestick chart and still going up. There is minor resistance at a level of 150, then after crossing this level we can expect a price up move to 180 and then 205. It can reach up to an all-time high of a level of 230. If it breaks at this level then we can see the stock going into a new trajectory and making a new high.
DOWNTREND
- 1st Target: 108
- 2nd Target: 88
- 3rd Target: 38
- 4th Target: 33
If the Bank of Baroda starts its downward trajectory, then we can see lower levels in the stocks. The first target is 108 and the second level is 88 which was low in the month of May 2020 during Covid times.
Weekly Chart Analysis of BOB
UPTREND
- 1st Target: 145
- 2nd Target: 158
- 3rd Target: 180
- 4th Target: 200
On the weekly chart, BOB is at its resistance level. It might retrace a bit. After crossing this level, the upcoming target will be 158, 180 and then 200.
DOWNTREND
- 1st Target: 135
- 2nd Target: 121
- 3rd Target: 108
- 4th Target: 100
Disclaimer: Our share market prediction might be different from yours. Kindly take the trade or invest according to your financial advisor. We are not SEBI registered.
| Year | Bank of Baroda (BOB) share price target |
| 2022 Target 1 | Rs 145 |
| Target 2 | Rs 150 |
| 2023 Target 1 | Rs 180 |
| Target 2 | Rs 200 |
| 2025 Target 1 | Rs 200 |
| Target 2 | Rs 230 |
| 2030 Target | Rs 500 |
Tip: Price always follows a higher time frame.