Leading banking stocks are moving higher breaking out from falling channel. Similar breakout happened in Bank of Baroda which has given a successful breakout from its multi-year falling channel, retested it and continuing its upward move very smoothly. Also we can see a Flag & Pole pattern formation at the bottom of the downtrend indicating a near term target at 110-116 from CMP. RSI is also in a good upward momentum. Upmove comes with huge volumes. High conviction trade. You can also spot Cup & Handle pattern forming with a neckline zone of 87-93. Happy trading!