CANBK - Setting up nicely for a Medium term upmove - LONG

Updated
CANBK seems to be forming a nice pattern which encourages chances to catch a good breakout with very little SL. Can go Long in the Stock for the medium term, with a SL below 150 on closing daily basis.



** Important Note - This post is my own study of the mentioned scrip and the views are given with reservation that they may prove to be wrong. I am not a SEBI registered analyst. Please consult your investment advisor before making financial investments.
Trade active
Note
T1 Done. On to T2 ...
Trade closed: target reached
Both Targets done and dusted. CANBK still looks really good for future. Can continue to trail with a 165 SL for targets upto 190/200.
Chart PatternsTechnical IndicatorsTrend Analysis

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