Canara bank spot cmp 308

Counter have given move from 220 to 315 levels with out any retracement,

wolf wave formation,, suggest counter is overbought
RSI divergence in seen on higher time frame
descending trend line resistance around 315-325 range
counter is at caution levels,,
reversal if unfolds will be dangerous,
time to look at your investment if any in this counter
canarabankChart PatternsWave Analysis

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