CANBK trade ideas
How we traded 25 % move in this scripHello traders , I am attaching my Private Post here with for your referance as educational
We made forecast and we got the confirmation of our forecast and we entered from 77 and today we booked 92 , we made 15 Points per lot in Futures
Our forecasting method is having an result of 95 % + and we always take advantage of this kind of move ,
Kindly go through the link here with of my private post , click to know the move
Good luck
Synergistic Pattern: Trend-line + Horizontal resistLevels are on chart.
Please like this pattern.
Thank you. Happy Trading!!!
CANBK - BEARISH TRENDCANBK - BEARISH TREND
SELL AT 79
STOPLOSS - 82.5
TARGET 73...69
Sentiments
Buy 15 % Sell 85 %
Derivative Option OI
Maximum Call @100 (Resistance)
Maximum Put @80 (Support)
BULLISH CRAB : Canara Bank on Weekly ChartCanara Bank has formed Bullish Crab on Weekly charts, is price bounces from D ( Value 78-80 ) on long term it's expected to bounce till 100, 135 , 160
Kindly do your own analysis before investing
CANBANK have something for YouCANBK formed a rounding bottom in 15mins, which can or not be taken into consideration but providing the fact that the chart formed is a bull flag or a standing pennant. Though there is 101% chance of a small to a common gap opening, but levels are buy above 94.5 for targets of 95.5 and 96.75 and if positional can get to 101
Canara Bank: Chart set up and trading view for 14 April 2020Canara Bank
- Canara Bank trading at lower end of the channel
- Level of 85.50 - 86 needs to protected for further upside movement continuation
- holding the same the stock may again attempt for 93 / 95.50 / 102 / 107
- Stop loss if Canara Bank closes below 83.50 on a hourly candle basis
Alternatively one may consider the following F&O strategy for Canara Bank
Consider selling Canara Bank 30 April 2020 Expiry Put Option
Strike Price : 80
Price : 5.5
Lot size : 2600
Max profit potential in strategy Rs 14300/- per lot
Time frame: Till 30 April 2020
The strategy also has in built loss protection for a fall in price up to 74.50 in Equity market til 30 April 2020.
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Take care & safe trading...!!!
CANBK, Learn & Earn (Trend line breakout)CANBK has broken trend line and is good candidate above 93.
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CANARA BANK KEY LEVELS SUPPORT AND RESISTANCE 13/04/2020Key Levels for CANBK :
Upper Breakout~93.85
First Target~96.35
Interim Resistance~99.60
Final Resistance~103.45
**Lower Levels**
Lower Breakout~90.15
First Target~87.20
Interim Support~84.90
Final Support~82.15
Please trade with caution and consult your financial adviser before trading.
long position in canara bankLong Position can be executed in canara bank.
SL and target mention in chart
CANBK Bullish PatternCANBK seems to up for a major uptrend. Trading stragey should include confirming the resistnace breakout prior taking any position.
Please your comments good/bad are important!!
