Ban of Baroda has very strong resistance at 722 zone and will not be able to break above that zone easily, so advice will be short sell bank of Baroda around 720 for target as 700 and then 793 level, while placing stop loss orders at 730 level. It is positional trade and hence I recommend to take short positions on BANKBARODA June futures contract, entry and target levels are based upon cash level (Spot Level).
Technical Analysis: On below chart 722 Zone has been the level of Fibonacci retracement and will be acting as very strong resistance as two retracement coincides on the same level so, most probably it is strong resistance for short term, also slow stochastic indicator is showing stock is overbought. Look at daily chart below.
