CANBNK long term buy 2x returnsCANBNK can give 2x returns hold it for long term
Do not sell if it falls buy more at dips
Enter : 130
Target : 300
no stop loss do not sell it
CANBK trade ideas
#Canbk Cash : Looks bullish above 131.10#Canbk cash
31.12.2020
Looks good above 131.10
stoploss 125
Tgt 139-140/150
CMP 128.75
(131 for canbk cash is make or break level)
On supportStock is on support lvl with bears volum rising, need to watch if bull close more then 50% of last bear with strong volum then long
Otherwise if breaks down with vol. Can go for short.
Long CanBK: 2 months returnBook value 250 so it can achieve meanwhile, For short term within 1 - 2 months achieve 190, great opportunity don't miss. Inside candle occurred.
CANBK - 1D TF - Rectangular BoxRectangular Box forming on Daily Chart of CANARA BANK. Above 120, it looks good for 150. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
CANBKCANBK Weekly RSI close above 55 + daily RSI > Weekly RSI + Daily ADX > 25, Momentum may be continuous from here. exit - Close below EMA_34 or Daily RSI close below 45 or Daily ADX close below 25.CANBK
Canara Bank Price Action ready to rocketLevels mentioned on chart..Look at the volume for last some days
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
good breakout in canbkcanara bank has given breakout from cup shape pattern with good volume also it has broken 9 month resistance so short term tgt is 150-154
CANARA BANK ANALYSIS 01.12.2020BUY 103 TO 100
TARGET 121 TO 141
ONCE THE PRICE IS COMING DOWN MEANS BUY AT THIS LEVELS 97 TO 91
How we traded this 61 % move (86 to 138 )Hi Friends you all know when i put up some chart they tend to have in the direction of larger trend , You will now see how we traded this in Futures and Equity
we traded from 86 to 138 , in Multiple Futures contract we booked 42 Points in each Futures contract and we Booked our holding in equity today
its Not surprise to me that Lots of People do not understand when the market has started its move and where its Going
You can take note from my previous post form BajajFin serve , both the set up ware equal and exactly similer in nature
I am attaching my private here you can click to see the unfolding of results
Keep practicing Good luck
Canara Bank - fresh break outNSE:CANBK has given a fresh break out above 119. Headed for 135-154-169.
CANBK, SIMPLEST PRICE ACTION CHART YOU WILL SEE (CHART# 391)All level mentioned on chart
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.
Thanks
Piyush Gupta
