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Stock-Holmes
Aug 19, 2021 8:00 AM

CANARA BANK... ADD TO YOUR WATCHLIST Long

CANARA BANKNSE

Description

The script had formed a symmetrical triangle.. The share price is near the apex of the triangle. Increasing volumes traded in the last few days.
A breakout might come soon.
Expecting a good upward move in the next few months... Target 200.
Keep this stock in your watchlist and accumulate after it breaks out.

Trade active

Trade active

The script is moving as analyzed!
The breakout is given. Can start accumulating for a good move in the near future...

Trade active

Good move as expected... Continue holding for good profits.

Trade closed: target reached

I'm exiting all my positions in Canara bank with good profits. The script may move up further but the entire nifty is going for deep correction and I'm exiting all my long positions.
Canara bank has moved 39% since the time I gave this idea.
Time taken: 10 weeks.
If you have long positions analyze the market situation before continuing further.
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