Monday, November 8, 2010

CANARA BANK - www.ashudutt.com

TRADING CALLS
CANARA BANK - SHORT TERM: STRONG, LONG TERM: STRONG, PREVAILING BIAS: STRONG
Canara Bank has very strong day charts, short term/swing/position trading charts and long term charts. Volumes are a strong 3 times 3 month average. And to top it all, there is hardly any floating stock
Rarely do you get such a potent combination. The stock is on a roll. Hold if you have it. Fine to trade. There is no resistance at these levels. A stop loss around Rs 40 away from the curren price is fine
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