CANARA BANKLong
CANARA BANK ASCENDING TRIANGLE BREAKOUT
BUY at CMP
TGT > 175,185
SL- 159
The stock has given a good breakout on 16th September with good volumes.
The Resistance at 162 that was broken has now become the support at the time of retest (according to Fibonacci pivots).
It can show targets up to its pre-covid levels share price.
Buy it at CMP and keep a strict stop loss at 159, Risk to reward ratio is 1:4
TGT > 175,185
SL- 159
The stock has given a good breakout on 16th September with good volumes.
The Resistance at 162 that was broken has now become the support at the time of retest (according to Fibonacci pivots).
It can show targets up to its pre-covid levels share price.
Buy it at CMP and keep a strict stop loss at 159, Risk to reward ratio is 1:4
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