CANBK seems to be forming a nice pattern which encourages chances to catch a good breakout with very little SL. Can go Long in the Stock for the medium term, with a SL below 150 on closing daily basis.
** Important Note - This post is my own study of the mentioned scrip and the views are given with reservation that they may prove to be wrong. I am not a SEBI registered analyst. Please consult your investment advisor before making financial investments.