Hey Family, there is a one more stock Which is showing a great opportunity and formed a good pattern, Stock break resistance zone and retest resistance zone, let's see breakout sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be...
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.
A strong flag breakout !! 150 points breakout !! Bank nifty also shows a breakout overall !! Awaiting target of 750 levels soon!!
Canara Bank on verge of breaking down inverted flag pattern. On breakdown, one may consider shorting. This is not an investment advice.
Canara Bank- inverted H & S- Flag patterrn min 40-50% swing trading . entry: 320 target:460 stoploss: 290 . . . more probability for bullish.. reload chart for clear view an hour ago . use desktop site. reset chart size for clear view . first use " + " in the chart, for zoom.. next rest chart for better view
A confluence of the 2017 high and PF line at 463.70 makes this price very important. On rejection of this, we can see a deep correction in the prices at least till 448 and 424 (long term) On breakout of this resistance, I am buying the stock for a target of 484.40 as the immediate target and 520 in the longer term.
#CANBK CMP : ₹.403/- Date 30-11-23 The third largest PSU bank among public sector banks with good quarterly results. Revenue & profits are increasing on QoQ basis with decent margin. Now it's in a breakout point . A6 year long round bottom have been completed and waiting for an explosion along with the breakout from triangular channel of 2 years old. Good point...
Canara bank breaking inverse h&s pattern good volume and RSI trading above 20ema psu is on boom educational idea only
Stock has given strong BO on daily chart with massive volume spike, also in H-H pattern with supportive Trendline, follow chart for proper support and resistance levels.
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.
Canara bank breakout from a beautiful triangle pattern Low risk trade
Canara bank 1hour time frame breakout from a beautiful triangle pattern Low risk trade Less stoploss
A short-term trade can be initiated based solely on the hourly trendline. This approach offers a trade opportunity with a risk-reward ratio of approximately 2. (Though the potential upside seems considerable, it's wise to consider 2 as a minimum expected ratio.) For this short trade, the stop loss can be determined by looking at the support trendline drawn in the...
In the world of stocks, interesting trends can often reveal exciting opportunities. One such intriguing situation is happening with Canara Bank's stock. There's an 11-year-old trendline that has been obeyed by the price six times in the past. And now, it appears that a breakthrough is occurring in this stock. If we look at the monthly candle of July 3, 2023, we...
CMP-339.50 Target 1-360 Target 2-365/370 Stop loss -332 Current banking sector showing good positive uptrend and likely to see also in canara and result on 25 jul will likely to be nearly or above of extected due to more lone distribution and low npa
Canara Bank looks good with a strong bullish candle formation on the weekly chart. Positive momentum above 342, with strong support zone between 300-290 on the downside - below which 270 could be an important level. Note: Not a buy/sell recommendation.
Chart -> Canara Bank Weekly Bullish pennant breakout on the chart. CMP: 333 Good Range To Buy: 315 to 335 Targets: 370, 415 SL: 293 Weekly Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.