shiv2798
Long

Possible One more Corrective Structure before Drop

NSE:CANBK   CANARA BANK
83 views
3
83 7
I am looking this stock will rise again as corrective before heading for major reversal
Lets see how it unfolds
Regards
Trade active: Price moving as per trend line , lets see how it unfolds
Regards
I am expecting to go down in level of 340
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shiv2798 JamesPeter
@JamesPeter, Yes sir it may visit but current look is rising
Let's see how it unfolds
Regards
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shiv2798 JamesPeter
@JamesPeter, Sir it has started moving the correction channel
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JamesPeter shiv2798
@shiv2798, what it means then
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shiv2798 JamesPeter
@JamesPeter, it will likely go up ward before heading down , the correction is always in the opposite direction of the trend , its named as counter trend also
Regards
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JamesPeter shiv2798
@shiv2798, but it can break upward channel also ,what's your take on that
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shiv2798 JamesPeter
@JamesPeter, ha ha , i got no problem where it heads , i am always in trade ,
:)
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