Sunday, July 29, 2018

Canara Bank - Nice consolidation

Nice consolidation on daily chart. Supply zone between 284 to 288. Demand zone between 225 to 217.

ADX & RSI has turned bullish making it very much probable to move above 288 and beyond. If it moves above 288, the immediate resistance would be 200sma i.e. 304 to 306 range.




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