The_Decisive

Canara Bank Share Trend Analysis by THE DECISIVE

Long
NSE:CANBK   CANARA BANK
Canara Bank is one of the Public Sector Bank, having 10K plus branches all over India with more than 13K ATMs. Bank mainly work in Rural & Semi Urban parts of India & its Branch network increased by 4K & ATM by 4.5K post merger with Syndicate Bank.

Canara Bank closed today at 155.70 with 1.83% gain. On Daily time frame it is showing triangle pattern & expecting a good movement post breakout. It is also trading at lower than book value so it seems good for short term/long term investment.


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This was just for educational purpose only & not recommending to BUY/SELL of any Script.

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