Canara Bank Broken Out Of Triangle
CANARA BANK has finally broken out of Triangle . I think we can now use the trading strategy as mentioned below for the few days . Anyways one may now take a LONG/CALL position in the stock with the following parameters.
Entry Level ->> 280-285
TARGET PRICES ->> 310-315
stoplosses ->> 265-270
Holding Period ->>10- 15 trading sessions.
View of the chart:
http://www.traderji.com/attachment.php?attachmentid=3857&stc=1&d=1167851565
CANARA BANK has finally broken out of Triangle . I think we can now use the trading strategy as mentioned below for the few days . Anyways one may now take a LONG/CALL position in the stock with the following parameters.
Entry Level ->> 280-285
TARGET PRICES ->> 310-315
stoplosses ->> 265-270
Holding Period ->>10- 15 trading sessions.
View of the chart:
http://www.traderji.com/attachment.php?attachmentid=3857&stc=1&d=1167851565
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