BO looks promising with good resistance. I have added it today.
Hey Family, there is a one more stock Which is showing a great opportunity and formed a good pattern, Stock break resistance zone and retest resistance zone, let's see breakout sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be...
Good to buy CANBK @306-310 Stop Loss : 290 Targets : 320/340/360/400max+++ CANBK is taking good support from the trendline. Good breakout of Bearish trend in longer Timeframe. Thanks. Disclaimer: This idea is only for the Educational purpose. Trade at your own risk. If you like the idea kindly support.
A strong flag breakout !! 150 points breakout !! Bank nifty also shows a breakout overall !! Awaiting target of 750 levels soon!!
Here’s a stock I'm keeping an eye on for the next day's trading. I'm aiming for a 1%+ intraday profit with a flexible stop-loss. The rules are simple - there are two lines marked on the chart that act as support or resistance, depending on where the price opens. When the price touches or crosses either line, from any direction, for the first time, I decide...
Canara Bank looks good with trendline action followed by support zones. Looks good for swing from <=290 after retest. Targets are marked t1,t2,t3 respectively. For longterm/ lumpsum best levels for long would be 232. Do your own analysis before any investments. Happy Learning :)
As the stock is in bullish trend like SBI and INDIANBANK, the stock can touch its previous high 800 in the coming days, no weakness seen in the past volatile sessions, strong upmove is waiting in the stock.
Canara Bank on verge of breaking down inverted flag pattern. On breakdown, one may consider shorting. This is not an investment advice.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
#CANBK trading above Resistance of 535 Next Resistance is at 661 Support is at 447 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Do your own analysis before entering this trade. The candles got closed it's short above it's short term resistance line and in long term the candles broke it's channel pattern. It might retrace the channel pattern for a support and might jump back.
#CANBK trading above Resistance of 447 Next Resistance is at 535 Support is at 359 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Stock gives breakout of inverse head and shoulder on weekly timeframe and later price retested its BO level. CMP : 312 Target 1 : 417 Target 2 : 462 Stoploss : 256 This is not a buy or sell call, this analysis is shared for educational purpose.
The journey inside the parallel channel continues.. A breakout above 342 may open target for 415..stock is at important support level right now where fresh upmove has been denied since beginning of the year.. A stop loss of 319 on wcb is warranted if traders are taking position in anticipation of bullish bias
Not a buying, selling recommendation. For educational purposes only. #CANBK IS READY TO BUY LONG - On Monthly Chart Showing --- Trendline Breakout & Retest Done Waiting Time 3-6 Months Buy Small QTY Long Above (Monthly Candle Close Required Above) - 390 SL - 345 (Weekly candle Low) Target - 420, 450, 480 & More.. Thank you
The stock in uptrend with higher high and lower low. In weekly chart , the price given a 9 month resistance breakout with bullish candle. Looking at the past pattern, short term target will be Rs 404 with stop loss at Rs 330. In higher time frame , long term resistance i.e., 7 year at Rs 463 and if given resistance breakout from that zone, potential long target...
Price is consolidating in the form of an ascending triangle. As per the pattern, the price have to give upside break out. But we will plan for fall also, so that we wont be surprised by the price movement. Q3 result was good with 26.8 % net profit. Daily time frame shows price is taking trend line support. Buy above 470 with the stop loss of 465 for the targets...