CANARA BANK
- Stock has formed head and shoulder formation in daily chart, this indicates sharp movement expecting once stock comes our from its patter, On upper side will find next strong resistance around 421.50.
- Stock also moving up from 50% fibonacci retracement support zone this will favor bulls as long as holds above.
- As per candle stick studies stock has formed bullish engulfing formation this usually indicates bullish formation and will favor bulls for further price rise.
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