BeingNick

Canara Bank - Ripe to ride the momentum - Weekly Chart

Long
NSE:CANBK   CANARA BANK
Scrip: Canara Bank
Setup : Price at 52 week high, Chikou in open area, Ride the momentum for quick 10%-20% gains
Entry : 185 - 195
Target - 225-228 range (20% gains)
Stoploss: This is positional trade and determination of Stoploss should be based on ones risk profile.
150 should be good zone to add more to the position.

Please note: I am not a SEBI registered Financial Advisor or Analyst. Please trade and invest based on your knowledge and Risk Profile.
Trade active: Target of 225 reached in 15 days.
Idea shared at 185-195 range.
Trailing the the position now with Stoploss of 200
Trade active: Target given of 228 Achieved. #Canara Bank.
Trailing Stoploss moved to 220
Trade active: Target given of 228 Achieved. #Canara Bank.
Trailing Stoploss moved up from 220 to 230.
Trade closed: target reached: Target Reached.
Closing the trade @ Target 0f 228. This train looks too crowded now.