We can see the below chart stock has made Triple Top and now trading around monthly as well as weekly Trend Line Support. In the last week, the stock has given small bounce and closed in green and chart pattern is Morning Star. It is not looking very strong chart pattern, however, other than that all supportive signals are positive.
As per our view, we can buy CANARA BANK at the current market price. Keep stop-loss of 215 with a target of 270, 300, and more.
As per our view, we can buy CANARA BANK at the current market price. Keep stop-loss of 215 with a target of 270, 300, and more.
Trade closed: stop reached