MTECHTIPS:- CANBK

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MTECHTIPS:-    CANBK:-          CANBK is in SELL position Share is in sideways but the trend looks weak so better buy above 287.0 or hold with stop at 272.4 The CANBK is now trading in highly oversold level. The oscillator is showing BUY signal .The short term sell signal is supported by 50 % indicators.
Intraday trend-Sell if open below 270.5 with stop loss at 278.9 or sell below 266.8Buy is not advised till it cross 282.6 The intraday signal is SELL and it is supported by 85 % indicators.

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