What is the outlook for Canara Bank? Is this a good time to enter this stock?V NatarajanCanara Bank (₹136): The recent fall from the high of ₹163 made in February is getting support above ₹120. The 50 per cent Fibonacci retracement support is also poised around this level. A double-bottom pattern is possibly getting formed. All these factors leave the bias positive. A decisive break above ₹150 will boost the momentum and will indicate the resumption of the broader uptrend. Canara Bank share price can rise to ₹200 over the medium term. Buy now and accumulate at ₹126. Keep the stop-loss at ₹112. Move the stop-loss up to ₹140 as soon as the stock goes up to ₹165. Revise the stop-loss higher to ₹155 and ₹170 when the price touches ₹165 and ₹185, respectively. Exit the stock at ₹200.I would like to buy Rainbow Children’s Medicare shares. Please suggest a good entry level.T Srikrishna, BengaluruRainbow Children’s Medicare (₹1,347): The bounce from the low of ₹1,009 made in March looks strong. However, there is no confirmation of a bullish trend reversal yet. To become convincingly bullish, the stock has to breach ₹1,550. Only then the upside will open up for a rise to ₹2,000-₹2,100. It is better to buy the stock after the breakout above ₹1,550 happens. Keep a stop-loss at ₹1,340. Trail the stop-loss up to ₹1,660 when the price goes up to ₹1,740. Move the stop-loss higher to ₹1,780 and ₹1,885 when the share price touches ₹1,845 and ₹1,930, respectively. Exit the stock at ₹2,040. If you can take risk, then buy now and accumulate at ₹1,160. Keep the stop-loss at ₹940 for the same target of ₹2,040.I bought Shriram Properties shares at ₹139. What is the outlook? Should I continue to hold or sell?Vijayan Kuttiadan, KannurShriram Properties (₹88): The stock is largely oscillating in a wide range and is now moving up from the lower end. The price action on the chart indicates that there are high chances for the stock to breach ₹100 from here. That in turn will open the doors for a fresh rally to ₹180 in the coming months. Accumulate at current levels and also at ₹74 if a fall happens. Keep the stop-loss at ₹53. Move the stop-loss up to ₹95 when the price goes up to ₹115. Revise the stop-loss higher to ₹120 and ₹150 when the share price touches ₹140 and ₹165, respectively. Exit the stock at ₹180. This rise may take a long time and you need to wait patiently.I have Hatsun Agro Products shares. My average purchase price is ₹927. What is the outlook?Shiek Peer A, MaduraiHatsun Agro Products (₹896): The stock has been struggling to get a sustained rise above ₹1,000 for more than a year now. Support is in the ₹800-₹700 region. A sustained rise above ₹1,000 is needed to take the share price higher towards ₹1,350. This looks like it can take a long time based on the recent price action on the chart. If you have the patience, keep the stop-loss at ₹680 and hold the stock. Buy more on dips ₹860. Move the stop-loss up to ₹980 when the price goes up to ₹1,150. Revise the stop-loss higher to ₹1,170 and ₹1,240 when the price touches ₹1,210 and ₹1,270. Exit the stock at ₹1,330. In case you don’t want to wait, then exit the stock now with minimal loss. Please send your questions to techtrail@thehindu.co.inPublished on June 6, 2026