Canbk bullishif it close above this line can give good move for swing and positional tradersCLongby alokstarkUpdated 1
CANBK | NSE | INDIA | ANALYSISThis is the pure PRICE ACTION based analysis of Canara Bank stock. Since it made a double bottom with rsi divergence, it has to come up. Also it is consolidating up side with rsi also, there is more likely to go long. CLongby VasukipriyaUpdated 118
CANARA BANK... ADD TO YOUR WATCHLISTThe script had formed a symmetrical triangle.. The share price is near the apex of the triangle. Increasing volumes traded in the last few days. A breakout might come soon. Expecting a good upward move in the next few months... Target 200. Keep this stock in your watchlist and accumulate after it breaks out. CLongby Stock-HolmesUpdated 3
Canara bank - deep crab -dailysee chart and study can see downside 182 -174 negation above 210 closing - may form another pattern. Educational purpose only. This is not a recommendation - Inspired by - Trading Mirror telugu CLongby arunkyUpdated 0
canara bank target achieved it will come down to 170 range soontarget is made and it will reach 170 soon... flag pattern breakout bearish nowCShortby krishnajeyakumar220
[ INTRADAY ] CANBK SHORT BETrisk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all. ======= I use shorthands for my trades. “Positional” - means You can carry these positions and I do not see sharp volatility ahead. “Intraday” -means You must close this position at any cost by the end of the day. ======= Always follow a stop loss. In the case of Intraday trades, it is mostly the “Low/High of the Candle”. In the case of Positional trades, it is mostly the previous swings ********CShortby Palkesh_AgrawalUpdated 1
[POSITIONAL] CANBK LONG BET risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all. ======= I use shorthands for my trades. “Positional” - means You can carry these positions and I do not see sharp volatility ahead. “Intraday” -means You must close this position at any cost by the end of the day. ======= Always follow a stop loss. In the case of Intraday trades, it is mostly the “Low/High of the Candle”. In the case of Positional trades, it is mostly the previous swings ********CLongby Palkesh_AgrawalUpdated 4
Canara Bank expected upside of 25 pointsThis is a Double Top/Bottom study.It shows the Forcast of the Stock.CLongby BULLOFDALALSTREET110
Canara Bank to continue its bull runFalling Wedge Breakout, supported by superb volumes. Clear RSI divergence at lower end of the falling wedge. Falling is a good bullish patter. RSI Divergence at lower end of pattern, increases the probability of pattern to work out. If you accommodate more candles another wedge is developing and it is available at lower end of the pattern. RSI Divergence shows that chances of breakdown are less. Combined Reading of all factors shows a bullish move is on the cards.CLongby varadtambolkarUpdated 4411
Symmetrical Triangle Canara BankAfter showing some recovery Post-Covid , Canara Bank is forming a Pole and Flag Pattern on the monthly timeframe. Since the Company Fundamentals are a bit weak, the Pole and Flag can turn into a symmetrical triangle as well. Earnings call are also in this month, so please long only when you see a good volume on the weekly candles. Long-Targets- T1-170 T2-195-205 T3-250 T4-300 CLongby Sahil_NarkarUpdated 2
CANARA BANK 15 MINUTES CANARA BANK 15 MINUTES chart pattern and fibonacci retreatment is working market always going down side so good to short guys CShortby vel4693440
levels.....educational purpose onlylevels...................................... swing on 13 ema..................................................................................................................................................................................................................Cby svgpro030
Canara Bank work in tringle pattern. Canara Bank can buy here 163 for target 200. it is working in Tringle pattern, Pattern BO will come when it close above 172, so can buy target 200.CLongby tradetechnicalanalystUpdated 3
PSU Bank BreakoutStock is moving with Higher Low's. Ascending Triangular Pattern breakout confirm on Weekly chart's. Breakout candle is very strong. MACD supportive to breakout. MACD Indicated Positive crossover too along with Sharp Uptick in RSI. RSI comfortably staying above 60. One can see consolidation near 50-60 zone too. Stock has given breakout with Strong Volume Rise. PSU BANK INDEX chart too indicating breakout is near. Buy this stock with long term/ Medium term swing prospective. Weekly closing above 200DEMA level, may trigger next leg of Rise. Not giving any target's. Stop-Loss can be weekly closing below 50DEMA or 148-150 level's. Keep adding this stock in Pull Back's. CLongby ad11patankarUpdated 0
Enter Canara Bank at 160 levelCanara Bank Looks good abv the 160 level.. Hence Long above 160. Canara Bank is a slow-moving stock. Hence have to wait for TGT achievement . Minimum TGT is 175 if 169 hurdles is crossed.CLongby Bunty20077Updated 110
GO CANARA GONow the best part of this current rally is that PSU banks are contributing with their best results and price action. As u can witness after so long the Canara bank is showing a high on rally with continuous green closing weeks showing buying at every lower levels. From here on if I see within next 3-6 months time line the stocks looks good to get double. RS Nifty is getting green along with the MACD support.CLongby Vipuljain51
Canara Bank - Rectangular Break-out (W)Go long in the range 165 - 175; STOP below 140; Tg . 235; 265; 300.CLongby avinash.gpb3
Canara Bank - Can go long for 30% gainsBreakout stock supported by momentum and breakout of PSU Bank indexCLongby NoobInvestor_761
Canara Bank - breakoutCanara Bank having breakout in the upside. Please note: I'm not a SEBI registered Financial advisor on analyst. Please trade and invest bared on your knowledge.Cby UTPAL40
Triangle Breakout - FII/DII InvestingCanara Bank has a strong PE ratio advantage followed by increasing stake of Institutional Investors in Sept Quarter It recently broke out of its Traingle Pattern and has shown some upside. I recommend buy on dips and hold for gains in mid to long term. The P/B Ratio is below 1 and there is less risk involved comparitively as PE ratio is also half of that of peers. A strong quarterly result can also boost the share price, it might to interesting to see if a pullback from such RSI comes soon. Note: This is only for Educational Purposes. Please do your due diligence before taking a trade position. Keep Learning :)CEducationby Aayush_Rungta3
Canara Bank Long Term with Cup & Handle BreakoutCanara Bank is trading at a very attractive price with good future forcast. Buy & Hold at CMP 193+ (We bought at 175) SL 125 Target 275 Fundamental Snippets : Market Cap - ₹ 35,112 Cr. Current Price - ₹ 194 High / Low - ₹ 195 / 84.4 Stock P/E - 9.63 Book Value - ₹ 344 Dividend Yield - 0.00 % ROCE - 5.35 % ROE - 5.58 % Face Value - ₹ 10.0 Debt to equity - 17.0 Price to book value - 0.56 PEG Ratio - 0.38 Promoter holding - 62.9 % Change in Prom Hold - -6.40 % Working capital - ₹ 176,743 Cr. WC Days - -11.0 EVEBITDA - 18.6 Current ratio - 4.19 Quick ratio - 4.19 CWIP - ₹ 2.34 Cr. CMP / FCF - 1.50 Enterprise Value - ₹ 917,244 Cr. EPS - ₹ 22.5 EPS Prev Qtr - ₹ 7.26 EPS PY Qtr - ₹ 3.29 EPS preceding year - ₹ -19.3CLongby Aishwarya_Jain111