Canara Bank (W)Canara Bank (W)
Symmetrical Triangle Breakout
Buy above 271
Targets:- 290/300/320+
SL:- 235
3 EMA Crossover on Daily Charts
Massive Volumes
{Chart shared for educational purpose}
Canarabank
CANARA BANK DAY CHART - 21.10.22 - BAHAVAN CAPITALCANARA BANK as per day chart analysis Above 273 then Target 285
Advance Diwali Wishes
Happy Trading to all....
NIFTY : 19TH OCT#NIFTYINDEX, #NIFTY50
* NIFTY INDEX : RESISTANCE AT 17550 - STRONG SUPPORT AT 17000.
> After two day rally, Nifty may go for consolidation mode. Banking Sector rally may continue, that will make nifty to break 17600.
> Global Market seems to be in consolidation Mode or Profit Booking after huge rally for past 2 days.
* NIFTY TECHNICAL : NEUTRAL , HUGE GAP UP WILL BE DIFFICULT TO SUSTAIN UNTILL ANY POSITIVE NEWS.
AT 17500 OI : CALL - 85 L
PUT - 52 L.
* SECTOR TO WATCH : BANKING, AUTO
DAILY CHART : RESISTANCE AT 17550 .
STOCKS TO WATCH : #TATAPOWER, #CANBK, #SBIN #AUBANK, #FEDERALBANK.
Canara bank and Sbi both made huge rally, with expecting positive report from q2 result. After result, profit booking may happen.
Canara Bank SHORTElliot Wave Count:
Fall from Feb 2022 highs is in 3 Wave as ABC which is (W)
Rise is an (X) Wave with Lot of Overlapping, Falling Volumes and a Bearish RSI Divergence
Now Wave (Y) on the Downside is playing out
Downside Targets:
T1= 195
T2= 180
T3= 155
Stop Loss above 241
Canara Bank Long TradeHi guys we will buy Canara Bank because it has fallen quite a lot after the crash and has stabilized a little bit and if we look at the Us and
the India markets they are looking bullish so Canara Bank will also show signs of bullishness and it would be pretty good trade.
That's all make sure to follow and like
Bye
Canara bank Ichimoku support + wave 5canara Bank has retraced from highs of 222 around. Now Can see taking support at .382 % also cloud support here..
Minimum target will be 222 that can extend to 234
Stop loss should be around 201
Canara Bank Target 230 with Trendline break outCanara Bank Target is 230 with clear breakout from Trendline in Day Chart.
With clear price action , it is heading towards 240 in Aug.
CANARA BANKCanara bank is looking ready for fall and it could give negative breakouts on weekly or monthly charts too, RJ want to sell is the reason??
Bank of Baroda - Positional / Next Week Good Setup BOB Looks good for short term as well positional
Keep on Radar
PSU Banks Close Eye specially
CANARABANK Canarabank will goes downside 172.65-176.15 is
That Range is the Perfect Buy entry
So
Entry 1: Sell Now CMP :194 | Target 176.15/172.65
Entry 2 :Buy 172.65-176.15 |
CANARA BANK-HEAD & SHOULDERS PATTERN BREAKDOWN.Canara Bank -Head & Shoulder Pattern Breakdown Daily Time Frame. Only Education Purpose.
Canara Bank - Head and Shoulder Pattern - BullishCanara bank forming inverted head and shoulder pattern on hourly chart.
All the levels are given on the chart.
Disclaimer: All the levels are for educational purpose.
CANBANKNSE:CANBK
Today's Institutional zones combined with price action. there are most stocks which is respected the levels, we have updated few for reference.
Canara Bank Analysis by Richman ChestCanara 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 ready for the uptrend!🤩💸🔥Buy Canara Bank for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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✔️Technically strong with improving Fundamentals💪💪
The company recently posted the best Q3 Result.
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‼️ It has now given a breakout of the resistance level of 2020 which is a multi-year imp zone too. With the recent volume continuation after posting the highest Net Profit in its history, we can expect a strong uptrend from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
canara bank be carefulbe careful in this stock as it is about to hit pattern completion at d and stock may stall at point d so be cautious.
trade at your won risk
Canara Bank & Nifty PSU AnalysisPSU Bank Sector has given a breakout and Showing good strength during this weak market
Canara Bank can be added for Swing trade
Breakout in Monthly chart and RSI is Bullish
canara bankshort term positional trade.
risk your manage and risk reward ratio. i m looking for buy. s/r mentioneg in video thanks
W Pattern In Canara BankAfter Breaking Neckline Must Buy Above 230 With SL of 227 Target 238/242 W Pattern is one of the favourite pattern of mine and its definitely profitable just keep on radar
CANARA BANK- LONG TRADE.Canara Bank is presently in Institutional Buying Zone as shown by the Blue area. Entry can be Made into Canara Bank for Long Trade with an initial target of 245-248. A Hammer can be seen forming. Volume is low and reflects Stock consolidating and a strong resistance zone below due to Institutional Buying and can break out at higher levels.
Educational Purpose Only. The author is not responsible for Financial Losses.
CANARA BANK A shooting star Formation Can be seen on Daily Chart on Canara Bank. An early trend Downward can be seen till 194.10 and further if it touches the Blue Trend Line, we can expect a greater fall. Stoploss can be at 210.65.
Canara Bank can be in for a downward trend.
Will wait and watch before making an investment. If at all anyone want to enter at present it should be on Short Side.
Assessment is for Educational purposes and the author is not responsible for any Financial Loss you incur.
canara bank head & shoulder pattern breakoutcanara bank 30 min TF HnS pattern Breakout
tomorrow after a red candle form we can go for short (intraday)
