Sahil Kapoor of Edelweiss Financial Services told CNBC-TV18, "In Bank of Baroda there is a clear technical pattern which is a double bottom. It is an extremely oversold chart right now. So, from the current level of about Rs 152-153 there is a good possibility that it will go higher and touch Rs 163-165. So, with a stop loss below Rs 146 you can buy Bank of Baroda."
At 14:41 hrs Bank Of Baroda was quoting at Rs 153.50, up Rs 2.30, or 1.52 percent. It has touched an intraday high of Rs 154.90 and an intraday low of Rs 151.25.
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