Canara Bank - 200MEMA

The final move to break into a complete positive trend. Canara Bank above 256 could break the 200MEMA + downward sloping trendline resistance which has been there since 2010.
Above that the stock could go to 300/305 quickly.

I believe the entire PSU bank space is due a rerating because of low valuations + profit increases from lower than previous provisions + higher recoveries.