ManikandanRajamani

Canara bank - Consolidation breakout and retrace

Long
NSE:CANBK   CANARA BANK
Canara bank is giving a positive sign in a storm before silent manner. Forming a inside bar with consolidation breakout and retrace.
PS: Little risk trade
  • Entry - 336.7
  • Target - 430.5
  • Stoploss - 285.5
Trade closed: target reached:
After a long wait the target got reached. Super duper 28% profit.

Risk traders can make a fresh start from this breakout.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.