CANBK trade ideas
CANARA BANK Positional View !!!CANBK : cmp : 150.1
A long bullishcandle formed in d chart and able to close above resistance lvl 148 with high volume.
So we can expect for upmovement.
TGT 156/160/168
SL 141.5 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Canara BankBullish candle with good volume support and RSI at 60 looks good.
Buy at 151/152
SL at 139
Target 168.50
CANBK, Gann level sustainedGood bounce seen after gann level sustained. RSI 59 showing strength. Camarilla R3 sustained. Trading above 20 ema.
#Canbk cash : Looks good above 148.50#Canbk cash -Positional for 15 days
05.05.2021
Looks good above 148.50
stoploss 135
Target 168-170
CMP 145.60
Canara BankCanara Bank (NSE Cash)
Can buy small qty
LTP: 144.95
Support: 143.95
Resistance: 147 / 152.45
Canara Bank - Clear Buy for investmentOne can buy Canara bank between 120-128
SL below 115
Targets 168-213-239+++
CANBKCanara bank has tested its important support level four times, So in today's trading session, this stock could give a good breakdown. If the share breaks 135 price level then we can expect a good downfall .
If you like my idea then please follow me trading view
Keep Learning and keep trading
Thank you
Elliot wave Analysis # Bearish SequenceCANARA BANK
Bearish Scenario
60 Mins Chart (log scale) NSE:CANBK
CANARA BANK Breakout 13% profit tradeBuy at current market it already breakout and retested significantly.
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.
CANBK - Accumulation OpportunityPullback candidate. At 50 EMA Support. If it is broken, then we might have to wait for entry at Harmonic BAT, which coincides with 200 EMA.
Long Canara bankGood volume
Positive Reversal
rejection at confluence of
avwap
50 EMA
an drendline support
6!% Fib level
previous support
Ascending triangle patternWAIT FOR BULLISH CANDLE IN 1 HR AT RESISTANCE (144.4)LEVEL KEEP SL AT 133.40 AND TGT IS 180.10
