Long opportunity in CANARA BANK
This scrip had been in an uptrend for past one year but the overall trend of this is a downtrend. Recently this scrip had broke that downtrend trendline and trading above it for a while. I expect this as a trend reversal but i couldn't confirm until it crosses 300 level which may act as a strong resistance.
Swing traders may consider to long this scrip and may hold it for weeks based on their target on this scrip, probable target would be 200EMA.
Swing traders may consider to long this scrip and may hold it for weeks based on their target on this scrip, probable target would be 200EMA.
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