CANARA BANKEdukasi
Triangle Breakout - FII/DII Investing
Canara Bank has a strong PE ratio advantage followed by increasing stake of Institutional Investors in Sept Quarter
It recently broke out of its Traingle Pattern and has shown some upside. I recommend buy on dips and hold for gains in mid to long term.
The P/B Ratio is below 1 and there is less risk involved comparitively as PE ratio is also half of that of peers.
A strong quarterly result can also boost the share price, it might to interesting to see if a pullback from such RSI comes soon.
Note: This is only for Educational Purposes. Please do your due diligence before taking a trade position.
Keep Learning :)
It recently broke out of its Traingle Pattern and has shown some upside. I recommend buy on dips and hold for gains in mid to long term.
The P/B Ratio is below 1 and there is less risk involved comparitively as PE ratio is also half of that of peers.
A strong quarterly result can also boost the share price, it might to interesting to see if a pullback from such RSI comes soon.
Note: This is only for Educational Purposes. Please do your due diligence before taking a trade position.
Keep Learning :)
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.