CANBK : Symmetric triangle breakoutsymmetric triangle breakout
Looks good above 160 levels
for a target of 175 with sl of 150
CANBK
CANARA BANK TRIANGLE PATTERNNSE:CANBK
Keep in Watchlist. Trading in Triangle Pattern.
Breakout of Pattern can lead stock to 175 short term and 220 Positional Target.
Breakdown of Pattern can lead it towards 125 again.
Wait for Confirm Breakout or Breakdown and go Long or Short accordingly.
SL will be below Breakout level or above Breakdown levels
**EDUCATIONAL PURPOSE
Long CanbkLong CanbK above 150 after the BO of TL. Target 165-170 SL 143. Stock has taken the support & high probability to touch the resistance zone.
CANBK_can become bullishOne can go long in CANBK if it shows a good momentum from this level.
(for educational purpose only)
High Risk:Reward opportunity :Long Canara Bankat a very low-risk support zone. Levels are marked by lines. Find your trade and play it.
CANARABank: Inverted H&S BreakoutThe stock has reported 3k crore profit against the loss last year.
currently making inverted H&S pattern on DTF and broke volumes.
Targets are at a very good levels and Risk to reward is excellent.
DISC: For educational purposes only.
#DCBBANK CMP111.25 #Target 124.65 #HDFCBANK #ICICIBANK #AXISBANK#DCBBANK
NSE: DCBBANK
Short Term Quick Profit
CMP 111.25
Target : 124.65
SL : 104
Timeframe < 45 Days
Factors:
Trend Following
Inverted Head & Shoulder Pattern.
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
PSUBNKBEES, Another chart worth risking. By #The_RedTickerI must admit, its been a while since I have stumbled upon a chart so simple yet so valuable.
Simple falling channel , with one of the bottoming out patterns, (book-ish) Inverted Head & Shoulder .
Volume Indicates, I am late to spot this...but not too late as the pattern is just on verge of completion.
Should be a slightly MID-LONG term 'investment' kind of Long trade....but the current risks to prospective rewards look just too good.
May the odds be in our favor!!
Canara BankCanara Bank (NSE Cash)
Can buy small qty
LTP: 144.95
Support: 143.95
Resistance: 147 / 152.45
CANBK | TRENDLINE BO Entry above 156.5. Targets 168.
Have a look at my other charts below. Feedback is always welcome.
Thank you
Canbk - Expecting a break from the trend linePrice rejecting from the trend line continuously and currently price is trading below the strong resistance level.
One can expect a resistance breakout as the trend line break is happening in parallel.
CANARA BANK READY FOR 85% RALLY ???Buy 40% Canara Bank At Cmp 157.2
Add 60% If Price Drops To 132-135
Strict SL - 122 (WCB)
Target - 290+++
Highest Ever Monthly Volumes Of 18 Years. Something Big Is Going To Happen In PSU Banking. Watchout.
CANBK LONGAbove 120
if breakout with good volume than we may see good up move till 140-170
Support at 95-85
weak below 73
very very good volumes from past few days
above all important moving average
Canara Bank : 13-10 INTRADAY - LONGStock identification on 30min TF
Trade & analysis TF - 5min
1. Hammer on 30min in demand zone
2. RSI divergence on 15min
3. Buying volumes from base levels (around SL)
Entry, Targets & SL on the chart.
