Prakash Gaba of prakashgaba.com told CNBC-TV18, "Canara Bank is showing some signs that it is trying to bottom out. Today's move certainly is looking good to me and looks like it can climb up to levels closer to around Rs 275-280. Put a stop loss somewhere below the levels of around Rs 265-266 on the stock."Canara Bank closed at Rs 270.80, up Rs 8.45, or 3.22 percent. It has touched an intraday high of Rs 271.40 and an intraday low of Rs 263.10.
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