canara bank long term downtrend.. high volume accumulationhigh volume accumulation is seen in canara bank for last 4 months currently at the long term support line...... buy at current price of 146 with the stop loss at 136 >>>( take ur own risk... only for educational purpose) it can make a huge up trend for a first target of 246
its in a long term down trend be caution take you own risk.... if it break the long term support it will fall drastically
CANBK trade ideas
Canera Bank strong buyCanera bank move technically in a channel. Now take support at lower line of channel. Now it's time to up. Also, moving average in all time frame give good indication to buy. We can get a target of previous swing high. i,e,.170-174 for aking traders and also can expect more than 174 for short term investors.
(I am not a SEBI registered analyst. Do own analysis before investing. This view for study purpose).