Hi Friends,
As per chart pattern, Buy possible above 347 on closing basis only with SL 321~ 320 and Target 355, 360, 370 / 374
(Targets possible after stock trading above 347 and sustain only).
Posting for Educational purpose only
Closing Basis means: Stock should be trade above 347 from 3.15~3.30 pm as well as close day >347
CANARA BANK FINALLY BREAKS INTO OUR DESIRED RANGE WHICH IS VISIBLE IN THE RECTANGLE PATTERN
SINCE THE RANGE MOVEMENT IS BACK IN PLACE AND THE PSU SECTOR IS SHOWING SIGNS OF MOMENTUM
WE ARE BULLISH IN CANARA BANK
BUT WOULD PREFER TO BUY ON DIP TOWARDS 215-213
TRADE VIEW
DEC...
Tata Motors is following a disciplined rectangular channel for long time. An upside breakout has been seen in recent and another one is expected soon.
Long when channel breakout happens successfully.
Well i see a Bullish rectangle for short term.
I would buy around 124 for target of 128..resistance expected around 126.50 levels...but once it crosses we may see 130 levels as well
FEDERALBNK MOVE RECTANGLE BEARISH PATTERN POSSIBLE MOVE IN DOWNWARD KEEP WATCHING...
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging...
