I bought Canara Bank shares ₹ 87.50. What is the perspective?
Dhanisa Chandran
Canara Bank (₹ 96): The action is in a bearish trend since June of last year. The immediate resistance is in ₹ 97. A strong increase fits this obstacle will indicate a reversal of trends. That in turn, the price of the shares of the Cana Canaña Bank until ₹ 110-120 in the coming months. But the lack of non -compliance with ₹ 97 and a fall below ₹ 90 will maintain the intact bearish trend.
In that case, there is a danger that the price of the shares falls towards ₹ 70 in the coming months. Keep a stop-to ₹ 89.50 and keep the stock. Move the stop-loss to ₹ 96 when the price rises to ₹ 103. Move the fougen stop-loss to ₹ 105 when the price touches ₹ 111. It leaves the shares to ₹ 120. If the action rotates below ₹ 90, it adheres to the loss of detention and the output.
I have actions or action. My average purchase price is ₹ 2,140. I can hold it for two years. What is the perspective?
Rahamath
ACC (₹ 2,061.55): Crucial support is located in the ₹ 1,850-1,750 region. The action is managing to keep it above and trying to bounce. The resistances are ₹ 2,140 and ₹ 2,250. A decisive increase above ₹ 2,250 can carry the price to ₹ 2,900. From a long -term perspective, the increase above ₹ 2,900 will clear the way for the objective of ₹ 4,000. In the event that the action does not violate ₹ 2,250 and reject, it can fall to ₹ 1,650, an important support.
A break under beet see ₹ 1,250-1,200 in the inconvenience. You have to be very careful. Keep a stop-to ₹ 1,620. Move it to ₹ 2,000 when the price rises to ₹ 2,150. Move the stop-loss to ₹ 2,250 and ₹ 2,500 when the price touches ₹ 2,400 and ₹ 2,700 respectively. Leave the actions to ₹ 2,900.
What is the technical perspective for easy travel planners?
Pratap Chandra Sahoo
Easy travel planners (₹ 12.28): The stock is in a bearish trend. There are no signs of reversion. The resistances are ₹ 14, ₹ 16 and ₹ 17. While the actions remain below these resistances, the bearish trend will remain intact. Any increase in current levels may be covered. There is space in the inconvenience of a fall to ₹ 8.50. The support is ₹ 10.50.
A break below can activate this fall. Idly, the price of the action of easy travel planners has to exceed ₹ 17 decisively to indicate a reversal of trends. Only then will the feeling become positive. For now, it is better to stay out of this stock. Low price shares will always be tempting to buy. The psychology behind that is that you can buy in a large number. But that can take you to kick. So, be careful.
What is the perspective of the power of Godavari and Ispat?
Sultan Mohideen, Chennai
GODAVARI POWER AND ISPAT: (₹ 190.70): The action is in a corrective fall since February last year. The support group is in the wide region of ₹ 160-130. The action touched a minimum of ₹ 145.50 at the beginning of March this year and has bounced from there. But this rebound seems to lack impulse. Therefore, there are helmets to see a fall of ₹ 150 and lower again.
For now, stay out of this stock. A sustained increase is needed above ₹ 240 to strengthen the upward case of an increase in ₹ 300. You can buy Dips to ₹ 155 and ₹ 140. Maintain the fall in the arrest of ₹ 110. Trace the Stop -los until ₹ 200 when the price goes up to ₹ 235. Move the arrest step more until 245 when the price touches ₹ 270. 270. 270. 270. 270. 270.
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Posted on April 19, 2025