Canara Bank: Another PSU Bank which is breaking out.
CANBK:
We have seen many PSU Banks breaking out of the negative zones; added to the list of late is the Canara Bank. We can watch out for 300 as the potential target for this breakout. Updated here is the weekly breakout chart of Canara Bank, showing a HH&HL pattern.
21/07/2016: Having closed at 250.80 we are exiting the stock considering it to hit SL.Call Closed...
We have seen many PSU Banks breaking out of the negative zones; added to the list of late is the Canara Bank. We can watch out for 300 as the potential target for this breakout. Updated here is the weekly breakout chart of Canara Bank, showing a HH&HL pattern.
21/07/2016: Having closed at 250.80 we are exiting the stock considering it to hit SL.Call Closed...
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