apshah06

CANARA BANK

Long
NSE:CANBK   CANARA BANK
Breakout candle from the channel made.
Stock in Fibonacci final retracement zone.

Target 1 - 175
Target 2 - 190

Keep Stop loss 149
within 1 month.

Stock analysis is only for education purpose.
Don't trade without stop loss.

Please comment if any suggestions.

Comments

Sir I have 170 ce Jun expiry, holding at loss, should I continue holding?
Reply
apshah06 aprasad725
@aprasad725, I expect few trading days in consolidation phase, with 164-165 rs resistance. if its broken 175 rs seen easily this month. Wait and keep your stop loss of 159 rs.

Thanks for your response
+1 Reply
aprasad725 apshah06
@apshah06,

Ok sir will keep that in mind. Thank you
Reply
aprasad725 apshah06
@apshah06,

Sir, what are your views now? Can we expect to hit target by next Thursday or should I sell?
Reply
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