Stock of the day : Buy Canara Bank Ltd For Target Rs.358

20/07/2023 10:42:42 AM | Source: Religare Broking Ltd

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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Stock of the day : Buy Canara Bank Ltd For Target Rs.358 - Religare Broking

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