Buy Canara bank in range of 444 to 440: Sandeep Wagle

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com spoke to ET Now on Canara Bank.

You have a pick as Canara Bank. Can you give us the targets on this?

Canara Bank has given a very strong breakout at 435 and yesterday it closed at 444. So we have a buy in the range of 444 to 440 which is what it touched today and currently it is at 447.

Our target is somewhere around 472, which is another 7% to 8% upside, and the time-frame could be around 7 to 8 trading sessions.