Canara Bank is presently in Institutional Buying Zone as shown by the Blue area. Entry can be Made into Canara Bank for Long Trade with an initial target of 245-248. A Hammer can be seen forming. Volume is low and reflects Stock consolidating and a strong resistance zone below due to Institutional Buying and can break out at higher levels.
Educational Purpose Only. The author is not responsible for Financial Losses.
Educational Purpose Only. The author is not responsible for Financial Losses.
Trade active
Comment:
Moving in a sideways channel. Bounced from Institutional Buy zone.