Chartmaniac

CANBK Looks good for positional trade.

Long
NSE:CANBK   CANARA BANK
Aim for 5-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 5-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.

Take trade if all conditions meet at the end of the day 3:15-3:30 PM.
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