CANARA BANK
Canara Bank – Swing
CANBK
Important Levels:
Support: 118 – 114
Resistance: 130 – 136
Structure: Consolidation within a broader uptrend
Business:
One of India's largest public sector banks
Strong retail, MSME and corporate lending franchise
Beneficiary of improving credit growth and asset quality
Earnings:
Healthy loan growth outlook
Improving profitability and asset quality
Strong capital position
Verdict:
👉 Quality PSU banking play
👉 Attractive swing setup
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