Canara Bank Bullish moveCanara bank is all set for positive momentum for its upward journey the reason is obvious because of the following facts:
Fundamental Facts
1. Positive quarterly growth in comparison with Yoy
2. Quarterly EBITDA growth is also quite aggressive
Technical facts
1. If it sustains the level of 343 on upside for a week then upside levels will be 384 to 394 to 427.
CANBK trade ideas
CANBK--Bullish or Bearish??this stock is having Demand zone @ 290 range, if this range will acts as support price again turned to be bullish.
here we have a previous resistances and supports as well, keep track this level for buy again for targets of 308-312, 330 and 340 zone.
this is the best place to enter into the stock again for the next resistance @ 340 zone. NSE:CANBK
Long canra Bank 🏦canra Bank close above 3 Moving Averages 13,21,34 and looking strong. long canra Bank with small stoploss. And Target 🎯 of 1:1, 1:2 and 1:3
Buy above 292
SL 285 Target 🎯 300,307 & 314
Note : I am not SEBI registered this is my personal view I may be wrong. Please do your own research before taking any trade or investment..
Momentum in canara bankChart shows that stock is near important resistance near 277 and also following a trend line which combine make a ascending triangle pattern breakout above 277 will give target to 279.5 and 282 .
If stock breaks trendline and important support of 273.8 than stock might fall till 271
CANARA BANK BREAKOUTDisclaimer- The risk of loss in trading stock, future,forex and option is substantial and losses may exceed initial investments. Past performance,wherther actual or simulated, is not indicative of future results. By viewing this video you agree that decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction, specifically you. and Wealth Depth or this Youtuber is not responsible for your decisions or their consequences. This Video is for educational purpose only.
Thank You...😊
CANARA BANK SWING TRADE 1 HOURHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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CANBK
1 hour : It has took the liquidity from major low.
*Wait for the opportunity in lower timeframe (5min) and we could see an upside movement.
THANK YOU !!!!
CANara bank SWING TRADE !HOURHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
CANBK
1 hour : It has took the liquidity from major low.
*Wait for the opportunity and we could see an upside movement.
THANK YOU !!!!
CANARA BANK - DAY CHART - 09.01.2023 - BAHAVAN CAPITAL CANARA BANK as per Day Chart Analysis Stock
ABOVE 330 TARGET 333
Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr.
Nifty Once Breaks the resistance at 18169 then the target is 18240 level.
Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level
Tomorrow Market trend to be on the positive side..
Happy Profitable Trading to all...