Canara bank is breaking resistance one by one. Last week it has broken the first resistance at the level 329, second resistance at the level 340. The resistance at the level 340 is broken with high volume on friday april 28th. Does it looks like cup and handle formation? Check it and plan your trade.
Comments
TheChauhansView
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Still on my learning curve up.. i have done my bit of analysis. Hope it helps to someone!!
I am only going to be 'IN' the trade if this goes as per my plan above otherwise will stay out for now.
vanathi
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@Baywaters, I didnt give any trading suggestion in this idea. Its always good to stick with your own trading plan.
I am only going to be 'IN' the trade if this goes as per my plan above otherwise will stay out for now.