Canara Bank to continue its bull run
Updated
Falling Wedge Breakout, supported by superb volumes.
Clear RSI divergence at lower end of the falling wedge.
Falling is a good bullish patter.
RSI Divergence at lower end of pattern, increases the probability of pattern to work out.
If you accommodate more candles another wedge is developing and it is available at lower end of the pattern.
RSI Divergence shows that chances of breakdown are less.
Combined Reading of all factors shows a bullish move is on the cards.
Clear RSI divergence at lower end of the falling wedge.
Falling is a good bullish patter.
RSI Divergence at lower end of pattern, increases the probability of pattern to work out.
If you accommodate more candles another wedge is developing and it is available at lower end of the pattern.
RSI Divergence shows that chances of breakdown are less.
Combined Reading of all factors shows a bullish move is on the cards.
Trade closed: target reached
Book part Qty here 33% move doneTrail rest with ctc SL 152
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