Canara Bank : Long Resistance Breakout

16 сент. 2023 г.

The stock in uptrend with higher high and lower low. In weekly chart, the price given a 9 month resistance breakout with bullish candle. Looking at the past pattern, short term target will be Rs 404 with stop loss at Rs 330. In higher time frame, long term resistance i.e., 7 year at Rs 463 and if given resistance breakout from that zone, potential long target will be at all time high.

The price above all key moving average.

Fundamental
P/E- 5.17; NIM- 3.05%; NPA- 1.57%; ROA - 0.99%; CASA- 31.08%; Promoter- 62.90%

Thanks
-aJ

Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.

24 сент. 2023 г.

Заметка

momentum continue in stock.

13 нояб. 2023 г.

Сделка закрыта: достигнута тейк-профит цена

Short term target of Rs 404 achieved!!

21 дек. 2023 г.

Заметка

Price near resistance level.

3 янв. 2024 г.

Сделка закрыта: достигнута тейк-профит цена

Target Rs 463 achieved!!
Next Target 3 Rs 500

1 февр. 2024 г.

Сделка закрыта: достигнута тейк-профит цена

Target 3 of Rs 500 achieved.