Start of 5th wave - A text book impulse move - Tgt 122Details marked in chart
- With an irregular flat as Wave 2, a zigzag for wave 4 is normal - as per the rule of alternation.
Here we have a short C wave for the zigzag .A short C wave in a zigzag indicates a probable retrieval of the entire zigzag.
A reversal candle happened yesterday. Next can
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19.34 INR
175.40 B INR
1.52 T INR
3.23 B
About CANARA BANK
Sector
Industry
CEO
K. Satyanarayana Raju
Website
Headquarters
Bangalore
Founded
1906
ISIN
INE476A01022
FIGI
BBG000BMBD34
Canara Bank engages in the provision of commercial banking and financial services. It operates through the following segments: Treasury, Corporate or Wholesale Banking, Retail Banking, and Other Banking Business. The company was founded by Ammembal Subba Rao Pai on July 1, 1906 and is headquartered in Bangalore, India.
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A Rally Born in Silence: The Canara Bank SetupCanara Bank – Multi-Timeframe Impulse Reloaded
On the 3-month timeframe, Canara Bank is staging what looks like a textbook long-term Elliott Wave impulse. With Wave (IV) bottoming out around ₹15.15 and a roaring rally taking us into Wave (V), the broader structure suggests that this could be the s
CANARA BANK (50% with in 3 Months Public Sector Banks (PSBs)CANARA BANK (CANBK) has been trading within a 3-month Bullish Megaphone pattern whose latest bottom was on the Merch 03 2025 Low. Since then, the pattern has started its new Bullish Leg, which has been confirmed by the break-out above its 1D EMA20 (Red trend-line) and the 1D RSI's above 60.
The pre
CANBK - Bullish Flag & Pole Breakout (Daily T/F)Trade Setup
📌 Stock: CANBK ( NSE:CANBK )
📌 Trend: Strong Bullish Momentum
📌 Risk-Reward Ratio: 1:3 (Favorable)
🎯 Entry Zone: ₹110.95 (Breakout Confirmation)
🛑 Stop Loss: ₹105.00 (Daily Closing Basis) (~5.75% Risk)
🎯 Target Levels:
₹113.85
₹116.36
₹119.06
₹121.89
₹125.00
₹128.33 (Final Target)
T
After the IPO of 2 subsidiaries that B/S might strengthenCanara Bank Subsidiaries Set for IPO; Strategic Moves Strengthen Position
There is news that two subsidiaries of Canara Bank — one in mutual funds and the other in insurance — are preparing for Initial Public Offerings (IPOs). In both joint ventures, Canara Bank is expected to be the primary seller,
Setup Intact, Eye on Wave 5?This is a follow-up to my earlier analysis on Canara Bank, where we identified the completion of an ABC correction and the start of a fresh impulse.
What’s happened since:
Price respected the projected Wave 3 (yellow) target of 109.50 – exactly 1x of Wave 1.
A healthy correction is underway,
Canara Bank – Impulse Wave in Play After ABC Correction?From the mid-June 2024 high, Canara Bank completed a textbook ABC correction, with Wave C terminating precisely at the 100% retracement of Wave A from B. This setup marked the end of the downtrend and the potential beginning of a new impulsive uptrend.
The current structure shows a higher-degree im
Big Bank BREAKOUT! Canara Bank Ready📉 Breakdown of the Setup:
✅ WTF CT (White Lines): 3+ confirmed touches → clean descending counter-trendline.
✅ Hidden Resistance (Dotted White Line): Clear breakout above key hidden level. Historic reaction zone.
✅ MTF Resistance (Yellow Line): Long-term resistance just above; nearing test zone (con
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of CANBK is 107.43 INR — it has increased by 2.22% in the past 24 hours. Watch CANARA BANK stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange CANARA BANK stocks are traded under the ticker CANBK.
CANBK stock has fallen by −1.17% compared to the previous week, the month change is a 0.21% rise, over the last year CANARA BANK has showed a −11.43% decrease.
We've gathered analysts' opinions on CANARA BANK future price: according to them, CANBK price has a max estimate of 136.00 INR and a min estimate of 90.00 INR. Watch CANBK chart and read a more detailed CANARA BANK stock forecast: see what analysts think of CANARA BANK and suggest that you do with its stocks.
CANBK reached its all-time high on Nov 9, 2010 with the price of 164.22 INR, and its all-time low was 8.77 INR and was reached on Jan 7, 2003. View more price dynamics on CANBK chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CANBK stock is 1.42% volatile and has beta coefficient of 1.48. Track CANARA BANK stock price on the chart and check out the list of the most volatile stocks — is CANARA BANK there?
Today CANARA BANK has the market capitalization of 972.37 B, it has decreased by −5.92% over the last week.
Yes, you can track CANARA BANK financials in yearly and quarterly reports right on TradingView.
CANARA BANK is going to release the next earnings report on Jul 28, 2025. Keep track of upcoming events with our Earnings Calendar.
CANBK earnings for the last quarter are 5.51 INR per share, whereas the estimation was 4.60 INR resulting in a 19.83% surprise. The estimated earnings for the next quarter are 4.71 INR per share. See more details about CANARA BANK earnings.
CANARA BANK revenue for the last quarter amounts to 157.93 B INR, despite the estimated figure of 153.18 B INR. In the next quarter, revenue is expected to reach 142.01 B INR.
CANBK net income for the last quarter is 50.70 B INR, while the quarter before that showed 42.14 B INR of net income which accounts for 20.31% change. Track more CANARA BANK financial stats to get the full picture.
Yes, CANBK dividends are paid annually. The last dividend per share was 4.00 INR. As of today, Dividend Yield (TTM)% is 3.00%. Tracking CANARA BANK dividends might help you take more informed decisions.
CANARA BANK dividend yield was 4.49% in 2024, and payout ratio reached 20.69%. The year before the numbers were 2.77% and 19.12% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Jun 23, 2025, the company has 81.26 K employees. See our rating of the largest employees — is CANARA BANK on this list?
Like other stocks, CANBK shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CANARA BANK stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CANARA BANK technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CANARA BANK stock shows the buy signal. See more of CANARA BANK technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.