eastwind65

Canara Bank on the Verge of a Breakout

Long
NSE:CANBK   CANARA BANK
Canara Bank on the Verge of a Breakout of the downward sloping channel.

It has just reversed from the upper trend line of the Channel and is having a short term trend line support and if the trend line support holds can make a breakout above the channel and will provide an opportunity to go long for the following targets.

T1-165.75
T2-174.60

Look to go long on breakout with volumes and a retest. Keep on your radar.
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