Buy BOB at 663 for immidiate target of 700+

Bank of Baroda can be bought at 663 for a target of 700. If that holds then further upside is possible.

(1) It has risen above its 20 day EMA.
(2) Its closed positively for 2 consequitive weeks on the weekly charts.
(3) The ADX has just completed its fall and started moving upwards, its at 23 with +DI= 24 and -DI= 18.
(4) On the MACD charts the MACD line is just about to make a positive crossover over the MACD signal line.