About Me

My photo
NISM Certified Research Analyst & Mutual Fund Distributor.

Thursday 15 August 2013

CANARA BANK 15813

THE COUNTER AFTER A SHARP DECLINE SEEMS TO HAVE FORMED A STRONG BASE AROUND 230 LEVEL.  ON A DAILY CHART THE CONSOLIDATION PHASE IS CLEARLY VISIBLE. NOW WITH THE INDICATORS LOOKING MODERATELY BULLISH WE SENSE THE COUNTER IS ON THE VERGE OF COMMENCING ITS SHORT TERM UPTREND. RECOMMEND BUY AT 249 SL 230 TGT 265-270 IN A SHORT TERM. 





No comments:

Post a Comment