avlnrao63

Canara Bank- 157.45

Long
avlnrao63 Updated   
NSE:CANBK   CANARA BANK
Canbk- CMP 157.45. Can be bought on CMP and on declines up to declines to 150 with a sl of 143 CLBS for a tar of 162, 168, 178, 189, 200 and above. It is on verge of breakout and coming out of consolidation and came out of F&O ban today onwards are positive indicators for upmove.
Comment: Made a high of 178.95 on 1.10.21. Met its third target and a rise of 21.5 points which is around 14% rise in 1.5 months. Keep holding with a trailing loss of 167.5 on closing basis.
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