CANARA BANK - Ready for a high jump
#CANBK
CMP : ₹.403/-
Date 30-11-23
The third largest PSU bank among public sector banks with good quarterly results. Revenue & profits are increasing on QoQ basis with decent margin. Now it's in a breakout point . A6 year long round bottom have been completed and waiting for an explosion along with the breakout from triangular channel of 2 years old. Good point for accumulation now. Ready for high jump. Potential days are ahead. Expecting 50% movement within 3-6 months time. Stoploss @ ₹.375/-
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP : ₹.403/-
Date 30-11-23
The third largest PSU bank among public sector banks with good quarterly results. Revenue & profits are increasing on QoQ basis with decent margin. Now it's in a breakout point . A6 year long round bottom have been completed and waiting for an explosion along with the breakout from triangular channel of 2 years old. Good point for accumulation now. Ready for high jump. Potential days are ahead. Expecting 50% movement within 3-6 months time. Stoploss @ ₹.375/-
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
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