Canara bank14/01/2023
Canara bank on monthly chart
BO above 465
Target :20 to 30% above
SL:- As per risk capacity
Information is only for study purpose
CANBK trade ideas
CANBK Long PositionalCANBK Buy above 480
for the Target of 540-602-725-879-1033
SL 300
Strategy : BO + RSI > 60 + EMA above 20 & 50
Duration few Weeks
CANBK with upside potentialPSU banks have been making headlines recently as their stocks have been rising consistently. One particular PSU stock that has garnered attention in the last two weeks is CANBK. It is currently trading near its all-time high and has been showing potential growth over the past couple of months. Investors who prioritize risk and return ratios may consider this stock as an option for one or two weeks. Currently, the 570 CE is at 15.6 with a stop loss of 11-10.
CANBANKThese are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
I am not sebi ragister I
Resistance pe Resistance...After Sunny Deol in Damini, CanBk is facing Resistance pe Resistance, Resistance pe Resistance, Resistance pe Resistance...
Breakout nahi milta,
Milti hai to sirf Resistance.
Kya iss baar CanBk to milega breakout?
Dekhte hai agle hafte mein 😎
Canara Bank Attempt For Breakout MonthlyCanara bank is trying to attempt a multiyear breakout at the level of 450-465. Moving in HH-HL pattern.
Re-Test levels will be around 400-410
After a huge spurt in volume have seen a volume accumulation and now showing a descent volume since last 4 months.
CANARA BANK: Monthy timeframe: Trying to break multi year resistCANARA BANK: Monthy timeframe: Trying to break multi year resistance...Volume is also growing as we are coming near break out zone...
Canara bank - Consolidation breakout and retraceCanara bank is giving a positive sign in a storm before silent manner. Forming a inside bar with consolidation breakout and retrace.
PS: Little risk trade
Entry - 336.7
Target - 430.5
Stoploss - 285.5
canbk longcontinuoe closing with good volume. in last trading session stock was give brakeout with good volume, if stock will cross 416 price, upside maybe near 10%
CANARA BANK DAILY CHARTCANARA BANK DAILY CHART
Cmp 333.70 Breakout @ 342 Target 436
Time to keep an eye on. The levels are self-explanatory.
Its only an observation & not any suggestion.
💥Canara Bank💥-Nice Breakout💥Canara Bank💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-424
Breakout Price-424
Stoploss-363
Targets-653
RT for max reach
#canarabank #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
CANBKNSE:CANBK
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Canara Bank Again a Nice BreakoutCanara Bank touched a convergence of a support and a rising trendline, a reversal done, and a breakout above the short-term falling trendline, but today it failed to cross the previous high, and following the resistance, it cooled off a bit. But looking at the candles of the last Days, we may expect it to breakout and move higher. My Expectations for Targets 416 and 466 in the Coming Months
Profit booking started on Canara Bank On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Canada bank breakoutBuy Canara bank at CMP
Target will be 460rs
I m dealing with
1.positional trade
2.swing trade
3.intraday trade
Feel free to contact 82696 13561
CANARA BANK Breakout1. This is not a highly volatile stock. Usually, it takes more time to break the resistance level. But, As per previous data when the stock break the resistance level it went to 60 points and
trade around that particular price range for 4 to 6 months.
Eg)
1. 22 Dec 2020 break the resistance level and went to 108 to 158 - 50 points
2. 27 Sep 2021 break the resistance level and went to 154 to 216 - 62 points
3. 17 Oct 2022 break the resistance level and went to 244 to 322 - 78 points
Confirmation :
The breakout candle is strong.
Now
03 July 2023 break the resistance level and it will go to 322 to ? - let wait
Canara Bank Break out of TriangleThis is the break out of Triangle with good volume. And target is around 420 around which will reach before Dec 2023
Canara Bank1) Break out from a contracting Wedge Pattern formed from 2018
2) On the shorter Time frame, break out from a Cup & Handle pattern
Canara Bank Short termStrong breakout of multiyear resistance area
Now price resting on resistance level
Other stocks in this sector are also performing well
Took 40% position
Will add more as it unfolds
This is a short term - Medium term bet
CANARA BANK - SHORTNSE:CANBK NSE:CANBK1! BSE:CANBK
Canara Bank short-term outlook bearish
for education purposes only.
Canara Bank- Nice BreakoutCanara Bank- Nice Breakout
Capital to be deployed- 20k
Investing Price -318
Breakout Price -280
Stoploss -280
Targets-378-424-653
RT for max reach
#canarabank #StocksToBuy #StocksInFocus #stocks #stockstowatch #StocksToTrade
CANBKCANBK Chart Analysis.......04/08/23
Canbk Long above 332.50
Sl - 323
Target - 340 / 346 / 350 / 385
Enjoy !
Note : As you will see on the chart a Bullish Harami Cross Candlestick Pattern is forming.
