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2024-06-04 10:59:10 am | Source: Religare Broking
Stock of the day : Canara Bank Ltd. For Target Rs.144 - Religare Broking

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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