Good to buy CANBK @306-310 Stop Loss : 290 Targets : 320/340/360/400max+++ CANBK is taking good support from the trendline. Good breakout of Bearish trend in longer Timeframe. Thanks. Disclaimer: This idea is only for the Educational purpose. Trade at your own risk. If you like the idea kindly support.
CANARA BANK Monthly Time frame Falling Wedge Pattern Near 300 add Dip till 250-230 SL - 216 Target - 468 This chart is only for educational purpose
NSE:CANBK has given a solid breakout and a stop loss at 365 can be followed. PSU banks are looking strong and hence, you should hold this one with discipline. PSU banks are leading the current rally. Canara Bank also gave a strong monthly chart breakout a few months back and now is back in strong momentum.
This analysis is in 15 minutes timeframe ON MONDAY if you see any side breakout you can activate the swing, or try to take a " 1:2 " risk ratio at the start and then you can activate your swing after that bring your stop loss to cost and continue your trade...
Sell Canara Bank below 324 for the marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
CANARA BANK --DAILY CHART - TRENDLINE BREAKOUT . 1. Trendline breakout seen on daily chart as bank nifty seen bullish trend and can outperform in next few session 2. Stock will be good uptrend momentum from this level since RSI moving above 60 level 3. HULL moving avg seen bullish at current level 4. MACD bullish BUY CANARA BANK @ 239 TARGET...
Canara Bank broken out from the downtrend it started in 2010 and now I am expecting a good reversal from here for this stock. One can hold it for the target of 275/300/400++ with stop loss of 185. Lets see how long it will move.
Canara Bank as per monthly chart pattern analysis from bearish inverted hammer candle today had turned into bullish gravestone doji and hopefully if the market is reversed after todays bull run then the stock from december onwards should move uptrend. Holding the stock and happy trading to all.
Canara Bank as per monthly chart analysis now the stock has formed an inverted hammer candle and once the stock consolidates and breaks 312 level then its multi year breakout and target 400 level
This is the pure PRICE ACTION based analysis of Canara Bank stock. Since it made a double bottom with rsi divergence, it has to come up. Also it is consolidating up side with rsi also, there is more likely to go long.
Canara Bank can buy here 163 for target 200. it is working in Tringle pattern, Pattern BO will come when it close above 172, so can buy target 200.
Canara Bank bullish breakout can enter as mentioned with the Targets and Stop loss. Happy Trading. Comment your views.
This Bank is setting up well for the target of 175 and 210 Stock is consolidating in a tight range for long and it having not joined the bull party yet could also be the reason for this run Entry 160.25 SL-147.5
The latest retracement (ie from 3rd week of April'21 till 4th week of May'21) is very bullish. Right now it is in its long term support/resistance zone from early 2016. Above it there is another such possible resistance region which has relevance since 2019. It can consolidate between these regions and make a break out. Since there is positive news in market that...
Entry Price: 155.40 (Retest Entry Technique) SL: 150/145/140 Target: 170/185/200 After a small markup phase, the stock is consolidating. Today's bullish wick at the bottom of the rectangular pattern can be considered as a buy signal.