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Dhiraj_Ahuja
Dec 13, 2021 12:40 AM

Canara Bank (Daily) - Flag Breakout  

CANARA BANKNSE

Description

Canara Bank (Daily) - Flag Breakout

Seems to have entered the 5th wave after the end of 4th wave flag / triangle

RSI is above 60
Stochastic 14,3,3 is in positive crossover
+DI is above the -DI in the Directional Movement Index (DMI)
It will be ideal to wait for the ADX to become uptick as well before going in in this though its value is above 15

On the weekly tide too, it is showing a buying signal

Target 270.45
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