NSE:CANBK Sharing levels on regular basis, keeps on my followers increasing and the messages too. But when i see the boosting (LIkes) not able to see upto the mark. Kindly let me understand what type of charts you guys are expecting from me, are my charts useful for your trades/study ? let me know your views.... Based on your replies will try to refine the...
#NIFTY50 Under 1day candle nifty is in range bound between 16750 - 17450. * DAY CHART TREND ANALYSIS : MILD BULLISH TREND * 1Hr chart : Crucial resistance at 17350, yesterday nifty fails to take out this resistance. Can assume 17350 act as an strong resistance in upcoming trading days * 1Hr TREND ANALYSIS : BULLISH * TODAYS OI DATA : ...
cash trade buy @ 226 keeping stop @ 221 looking for target 231-240 disclaimer - trade @ own risk
NSE:CANBK One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. Close should be good, and Clean. R:R ratio should be 1 :2 . Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Hello and welcome to this analysis Like all PSU Banks saw a very good 2021 in terms of price performance thereafter in 2022 it went into a correction mode in line with market trend. The structure of the fall as can be seen in the chart is of a slanting channel currently. If it manages to break above 235 then 244 is the 1st line of resistance, above that 255 is...
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Target- 285 SL- 205 Canbk chart is looking bullish with trendline breakout in daily chart Moving in rising channel Selling candle volumes are low and buying candles volumes are very high means strength is there from buyer and holding in falling market as well. ROC, Vortex and RSI is positive for CANBK quarterly results are very good which is giving strength for upmove
SUMMARY: *stock after posting good results has entered into a good trading range *if you have a look at the week chart a move towards 280-290 is open *range expansion is seen on weekly chart *one can enter longs in the zone of 252-247 *its positional trade avoiding the volatility of budget expect canara bank to hit 287-290 in feb contract CANBK FEB FUT...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Canara 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.
Canara Bank is very close to its breakout zone and is flirting with it. If it can cross its 50 dma successfully it can make a rush to new 52 wk high
Breakout happened buy after 223 and target 1 and target 2 for short term ,,,,,
NSE:CANBK Buy above 245, SL closing below 218 T 260, 275, 290
Multitimeframe trendline BO +Ascending triangle + channel BO + good volume + trading above all MA Buy @173 Target @245 ( 40%) Sl 150 check our Recent analysis from related idea FOLLOW , LIKE , COMMENT & SUPPORT
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...
Triangle pattern formation Keep it in watchlist. stock trading below a major resistance so long term trend is weak.
if it close above this line can give good move for swing and positional traders