BUY CANARA BANK | TARGET: 172 | STOP LOSS: 150
CANARA BANK is trading in a symmetrical triangle pattern and is on the verge of a breakout. The stock is placed above all its major exponential moving averages on the daily chart and has bounced from the 200 DEMA in recent times. The stock is hovering well above the mean of the Bollinger band (20, 2) and on most of the technical parameters, it tends to flash a bullish stance making it a strong buy from a positional perspective.
BUY WIPRO | TARGET: 650 | STOP LOSS: 596
WIPRO is in a secular