Canbk breakout !!Canbk again seems back into action...Can see the volume action in past weeks..one can consider long with SL 150 on weekly CB and watch for potential breakout of 172-174 levels....ride the trend :)CLongby AK1808Updated 0
CANARABank: Inverted H&S BreakoutThe stock has reported 3k crore profit against the loss last year. currently making inverted H&S pattern on DTF and broke volumes. Targets are at a very good levels and Risk to reward is excellent. DISC: For educational purposes only.CLongby trade_opportunitiesUpdated 224
Inverted cup and handle patternA clear cup and handle pattern is visible on the daily chart. If price closes below 153, then the price will continue to fall further. The first target would be 146. The above analysis only for the educational purpose. CShortby Suraj_New77Updated 1
Inverted Head and Shoulder / Breakout Canara Bank has formed Inverse Head and Shoulder Pattern on the daily time frame. Broken resistance on high volume candle Now the resistance will act as support if the stock retest its resistance look for an opportunity to buy at 156-155 Buying at retest will enhance the Risk-Reward ratio Target 184 SL 153 (50%) SL 147 (50%)CLongby supremechartUpdated 8814
Canara bank - buy Buy < 152.7 easy target 161.5 tg2 - 165 Disclaimer : This is my personal analysis for study purpose not intended for trading CLongby ShreeGanesh_1991Updated 2
CANBK_SHORT TERM OPPORTUNITYCANARA BANK can show bullishness if it breaks the trendline with good volume. A short term opportunity can be grabbed. (for educational purpose only)CLongby yourtradebuddy222
CANARA BANK LOOKS BEARISHCANARA BANK LOOKS BEARISH RETRACEMENT EXPECTED TILL 145 & 138CShortby nagarajanm1986112
Canara Bank looking BullishMedium-term Swing Trade (2-7 weeks) (Purely Price Action based trade) Canara Bank has posted very strong quarterly and yearly results and looks bullish in the future. It is approaching a very strong supply zone of Rs. 170-177 where it has faced rejection multiple times previously. If this zone gets broken with a good momentum and volume the following trade can be entered into: (Levels and analysis mentioned on the chart) Entry Price : Rs. 176-178 Target 1: Rs. 190 Target 2: Rs. 205 Target 3: Rs. 235 ___________________________________________ High Risk Traders can also enter at CMP for: Target 1: Rs. 172 Target 2: Rs. 190 Target 3: Rs. 205 Target 4: Rs. 235 (The R2R Ratio is not very favorable in this trade) Cheers!CLongby AnmolshuklaUpdated 2
ReRating CandidateThe Canara Bank is showing good resilience on charts from the bottom year lows to the new range where it is moving ahead for a breakout @ 206 with a strong base in the range of 130-140. This is a monthly chart where we can clearly see the RSI is also in an uptrend. Hold for Long term perspective.CLongby Vipuljain50
Canara Bank 159 - BullishCanara Bank 159 - Bullish. Has given breakout with good volume suggests Target 183.CLongby subravi2
Canara Bank: Turnaround Potential Retesting after cup and handle breakout in canara bank. RECOMMEND Strong Buy for SHORT-TERM target of 196. Sl:150. Horizon: 15 days, all Oscillators are positive. CANBK Important Levels to watch: RESISTANCE:171.49 RESISTANCE:168.06 RESISTANCE:165.94 SUPPORT:157.78 SUPPORT:155.66 SUPPORT:153.54CLongby Chinmayonniftyy101010
Buy canara bankBuy canara bank for target of 184+ horizon: 14 days. All Oscillators are positive. Chart is self-explanatory.CLongby Chinmayonniftyy114
Inverse Head And ShouldersInverse Head And Shoulders BESY BUY - 157-158 SL - 143.50 TARGET - 174 CLongby doriwala11
CANBANK- Weekly Chart Long Set up !Canara Bank looks breaking the weekly trend Buy Canara Bank at current levels for a target of 215-230 (Medium to long Term)CLongby thebullstreet070
Canara bank is about to BREAK OUT soonThe latest retracement (ie from 3rd week of April'21 till 4th week of May'21) is very bullish. Right now it is in its long term support/resistance zone from early 2016. Above it there is another such possible resistance region which has relevance since 2019. It can consolidate between these regions and make a break out. Since there is positive news in market that they are about to raise 9000 Crores in FY22 , it might make this breakout sooner. Swing traders can aim 196-216 levels , according to the risk and reward appetite.CLongby IamGeorgy0
Short Term pick up ✌✌✌Canara Bank showing Good Movement and expected some short Term Return possibility. So guys keep on your radar. CLongby DY97721