Stock of the day : Buy Canara Bank Ltd For Target Rs.358 - Religare Broking
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Canara Bank Ltd
* Canara Bank has been inching gradually higher after breakout from a triangle pattern.
* Formed a fresh buying pivot while holding above the support zone of short term moving average.
* Set to cross the previous swing high and inch higher. Uptick in volumes is adding to confirmation.
* We thus recommend creating fresh longs in the mentioned zone.
BuyCANBK Ltd CMP 338.45; Range 337-339; SL330; Target 358
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