A breakout is seen in Canara Bank and seems like it's not a fake one As it has been building up volumes for months. So we can go long on Canara Bank. For education purposes only. Not a SEBI registered broker. Please ask your financial advisor before investing.
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Canara Bank Show Ascending Triangle setup with weekly candle chart and bullish volume. Be ready for breakout entry.
Buy Canbk 156.80-157 Target 163/167.80 Stoploss 153 Educational Purpose Only
Hello 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...
The 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...
NSE:CANBK Buy above 160 SL closing below 144 T 166, 175 closing above 180 will give 200+
► 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...
Look for weekly candle closing above 158.5. Also keep an eye on the trendline BO. Do not enter right now.
symmetric triangle breakout Looks good above 160 levels for a target of 175 with sl of 150
NSE: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
canbk should give inverse H&S breakout above 160-161.it should hit 165-170-175++
Long 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.
One can go long in CANBK if it shows a good momentum from this level. (for educational purpose only)
at a very low-risk support zone. Levels are marked by lines. Find your trade and play it.
The 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.