Canara Bank
Long
Updated

Triangle Formation on CANBK

193
Triangle formation on canara bank. Normally, Triangle pattern break either side but here triangle already broken on bull side and lying on resistance level. If the price break the resistance level, then it may move upto 340.

Trade:
Buy above - 310
Target 1 - 325
Target 2 - 340
Stoploss - 295

Reward Points - 30
Risk Points - 15
R : R - 1 : 2


Note : Its positional recommendation, not for intraday.
Trade active
Trade active
Canara Bank traveled half a way to reach target 1...
Trade active
Trade active
Target 1 - 325 achieved....
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.