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Two equivalent tops with 3 months duration between point A and point B is seen in Canara Bank. Volume is high at point B and average at point C. Short position can be taken.
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Stock Ticker – NSE: CANBK – Canara Bank – FINANCIAL SERVICES
Bearish Trade plan:
Entry Level 248.1 Target 205 Stoploss 291.2
Analyst Rating – :4/5
View Posted on 2019-07-24
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This is simply perfect..
Thank you sir.
Hi,
Entry should be little lower, as it needs to cross below previous low.
Thanks.
Thanks for the correction.