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Stock of the day : Canara Bank Ltd. For Target Rs.144 - Religare Broking
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Canara Bank Ltd
* PSUBANKS witnessing strong action and CANBK has registered a fresh breakout on the daily chart.
* It has recorded a breakout from the consolidation range to the record high zone with strong surge in volume.
* Following, price pattern and buoyancy in the sector, we expect bullish tone to continue.
* Traders can consider fresh longs in the mentioned range.
Buy Canara Bank Ltd CMP 128.25 Range 127-129 SL 119; Target 144
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SEBI Registration number is INZ000174330
