Canara bank - April 5 day trade!

272 10
Canara bank is moving sideways. Sideways market indicates price is consolidating before giving a
strong movement.
Buy - Above 303 Stoploss - 301 Target 1 - 305 Target 2 - 306.8 Target 3 - 308.5
Sell - Below 301 Stoploss - 303 Target 1 - 299 Target 2 - 296.1 Target 3 - 294.5
Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for 5th April 2017 only.
Trade active: @ 304.5
Comment: Break out
Trade closed: target reached: Price moved beyond the targets. One good trade!
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Just I saw the price. Well done vanati. Very good call
vanathi nalinakshi
@nalinakshi, Because of you encouragement only I posted intraday call which happens to be my trade :)
Canara bank analysis level is good.but here question is trader willing to take trade because rr is not favourable.first tgt very near. My first choice wait and watch today
vanathi rajiv1000
@rajiv1000, Trading is individual's responsibility. Its good you decided to wait and watch.
dravya rajiv1000
@rajiv1000, true.
On the verge of breaking out on daily TF

should open above 305 and achieve all targets till target 3 of 308.5 which will be around 1 % profit.
dravya dravya
@dravya, as expected , all profit targets done !
You are using Feb level ??
vanathi shiv2798
@shiv2798, No, just support resistance levels.
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