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manavtechresearch

CANARA BANK FINALLY BREAKS INTO OUR DESIRED RANGE

Long
CANARA BANK (NSE:CANBK)  
manavtechresearch  
NSE:CANBK   CANARA BANK
Trend Analysis Rectangle CANBK canarabank futurestrading futures rectanglepattern rangebound positionalview
5
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trendanalysis rectangle canbk canarabank futurestrading futures rectanglepattern rangebound positionalview
CANARA BANK FINALLY BREAKS INTO OUR DESIRED RANGE WHICH IS VISIBLE IN THE RECTANGLE PATTERN
!!CANARA BANK ON THE WATCH!!

SINCE THE RANGE MOVEMENT IS BACK IN PLACE AND THE PSU SECTOR IS SHOWING SIGNS OF MOMENTUM
WE ARE BULLISH IN CANARA BANK
BUT WOULD PREFER TO BUY ON DIP TOWARDS 215-213

TRADE VIEW
DEC FUT(26DEC)
BUY@213-215
STOP@210
TARGET 1@230
TARGET 2@245
LOT:2000
QTY:5
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