shiv2798
Long

Canara Bank Long continue

NSE:CANBK   CANARA BANK
87 3 3
I am more bullish on this Stock as it has eliminated previous supply Zone and continue to close strong bullish Price Action
The price may retrace for short period , but one can look the target of 380/400 in Coming 1 Month
If people who are thinking to short , Think again , We are heading to strongest Bull Market from Mid of 2016, Look for buying opportunity if stock makes little correction
Regards
Trade active: Made my Special day , Did any body notice how the Area of Support and resistance Explain the Predictable Profits ?
If yes , You will make consistence profit using such simple and clear visible information and if no then you need more insights to look in price action trade
Regards
Trade closed: target reached: From 250 to 375 Made Full value investment
In 100 days the investment have grown to 50%
Can any business provide this kind of profit ?? i do not think so
Proper technical analysis and dedicated investment can give good results
Patience is key factor
I am exiting this stock because now it will have little or some pull back as i do not want to continue with my old investment
Regards
Hi, u are rite, seems it is trying to retrace a bit..u think good time to go long?
Reply
shiv2798 samayra
@samayra, no i dont think you should go for fresh long Now , because once the price is nearly Monthly area of supply/ Resistance , you will get chopped if you do not understand where to put the Stop
and its low revenue and high risk trade
I do not think you should be looking for any long now
regards
Reply
samayra shiv2798
@shiv2798, Thanks Shiv
Reply
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