Understanding the Cup and Handle Pattern and Trade Set Up in Canara Bank for 20 to 25% Returns

This Trade Set Up is based on Technical Charts and the chart is also Updated below for your kind reference. The trade set up is for short to medium term. The trade Set Up are selected based on high probabilities however money management is to be ensured.

Canara Bank emerged with Cup and Handle Pattern and break out levels are around 232 levels. One can buy the same based on the pattern break out with stop loss of 208 for the target price of 290. That comes to 25%.

Important disclaimer

Please make a note that nifty and banknifty index futures weekly trend analysis / levels posted here is based on our studies and the knowledge we have on the markets. All the contents posted here are for educational purpose only  and it is not a buy or sell recommendations.

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