raj3elite
Long

Triangle Formation on CANBK

NSE:CANBK   CANARA BANK
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
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