Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Canara Bank is sliding. It has become 25 percent of what it was at its top valuations. I think Canara Bank is now slowing going towards Rs 210 levels not immediately but it is worth taking a trade. Sell calls, buy Puts, sell Futures all three options are available. It is a very weak chart."
The share touched its 52-week high Rs 550.00 and 52-week low Rs 222.00 on 14 January, 2013 and 16 August, 2013, respectively. Currently, it is trading 62.04 percent below its 52-week high and 5.95 percent above its 52-week low. Market capitalisation stands at Rs 9,249.84 crore.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
