Bank of Baroda eyes breakout above ₹250 despite weak outlook
Bank of Baroda is expected to post weak Q1 results, but its bullish chart setup stays intact. Analyst Rohit Mehta sees upside if the stock crosses ₹250, with strong support at ₹170-180. The PSU lender is consolidating after a multi-year breakout, with attractive valuations and a 3.45% dividend yield, despite near-term profit concerns.