CANARA BANK Is it aiming for a long term resistance zone @ 60?

2020年12月12日

CANARA BANK
Is this counter aiming for a long term resistance zone of 60? Watch this chart. If sustains 60 the level of 100+ should take it to 180+ but before all that it should immediately try to test the long-term resistance zone (which is the earlier support zone).

I will share the Bullish Harmonics plotted on the weekly chart (though it's Incomplete - a kind of preempting probability of risk-reward should always be in favor of traders)...

So, it is suggested to go on Cash...

Buy with a stop of a close below @ 25

2020年12月12日

注释

Scrip name wrongly interpreted as "Canara Bank" instead of "Punjab National Bank"...

Is this counter aiming for a long term resistance zone of 60? Watch this chart. If sustains 60 the level of 100+ should take it to 180+ but before all that it should immediately try to test the long-term resistance zone (which is the earlier support zone ).

I will share the Bullish Harmonics plotted on the weekly chart (though it's Incomplete - a kind of preempting probability of risk-reward should always be in favor of traders)...

So, it is suggested to go on Cash...

Buy with a stop of a close below @ 25