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CANBK

Canara Bank " up to 23% gains "Hi Traders/Investors, This is a Swing/Positional Trade. I can see a possible bullish momentum can still occur in Canara Bank in upcoming period because of, 1) Breakout and Retest of symmetrical triangle pattern . 2) Increase in Volumes in recent times. 3) Breakout of Resistance level ( approx. from 2 years ) with High volumes, as Longer the resistance holds and breaks stronger the move it makes. 4) RSI indicator taking support at 60 and moving upside. Entry : 240-245 levels Stop loss : 228 Target : 300 Giving a Risk to Reward of 1:3.5 and Returns up to 23%. Please don't make any decision solely based on this analysis. Give a thumbs up if you liked this analysis as this requires deep research.
NSE:CANBKLong
by DhRuV0007
CANBK swing trading setupHello Traders👋 Today i have made a post on CANBK - daily time frame I hope you find this post helpful and informative👍 The targets and stop loss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post I shall not be responsible for your profits and losses
NSE:CANBK
by profitpujari
CANARA BANK - Bullish SetUpThe stock has observed a minor breakout of the Symmetrical Triangle Pattern today. While the volumes were higher than usual, it was not that high to suggest a confirmed BreakOut. It might be a false Breakout. It surely looks like a candidate for higher targets, but watch closely, and buy if it looks to be closing above 160 for a given day. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if you liked the idea.
NSE:CANBKLong
by Yes2Profits
► ADVANCE PATTERN #20: CANBK ◄► ADVANCE PATTERN #20: CANBK ◄ 📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns. ☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio. ☆ Kindly ❤ like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and announcement 📣 regarding stock analysis. ▣ Key Highlights: ➟ Timeframe Daily Ⓓ ➟ Triangle Pattern ► ➟ Trend line ⍩ ➟ EMA 250 ↝ ➟ Time Correction ⌚ ➟ Unique Confluence Ⓤ 📌 Levels are: Entry: ▲ 161 SL: ✘ 154 Target: ➚ 190/210 RR: ☈ 1:4.0 Return: 18%+ Do your own study before Trade!!! Thank you. Happy Trading!!! Best Regards, 𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧 𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮. ✬ Disclaimer ✬ -------------------------------------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ---------------------------------------------------------
NSE:CANBKLong
by Profitable_Traders