As an investor, you need to think exact opposite of traders (in FUNDAMENTALLY strong stocks). At these major breakdown levels, big players get enough quantities to buy the promising investment opportunities. To outperform 90% people, you need to out-think them first. This idea is to spread awareness and should not be considered as basis of any financial...
After a stellar half decade post Covid, the shares of Public Banks have shown signs of exhaustion. But, the underlying companies are in good financial shape and posting record top and bottom lines. I still believe there is a lot of steam left in the like of Canara, BoB and SBI. I can see these stocks and the whole index turning back and hitting record highs in...
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. Canara Bank CMP is 112.77 The positive aspects of the company are low Valuation (P.E. =6.5), Annual Profit Growth higher than Sector Profit Growth,...
Traders, spotlight on Canara Bank! 🌟 In the 1-hour timeframe, it's riding within a parallel channel, touching support and bouncing back. 🔄 Now's the time for long positions, with moving averages backing us up. Keep SL below 530. Let's profit together! 💼
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 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.
NSE:CANBK NSE:CANBK1! BSE:CANBK Canara Bank short-term outlook bearish for education purposes only.
We have a Wave 1 and 2 completed and the Wave 2 has retraced Wave 1 by less than 100% which confirms the Wave 1 and 2 as a complete structure and indicates a beginning of the most awaited Wave 3 According to the Fibonacci golden ratios Price should achieve the 161.80% that is 1331.25 as shown in the chart as well. Wait for the price to come into the...
Canera Bank Time frame = Day Pattern = Flag Type Bearish iT'S Risky Trade Small Stoploss And Big Target Sell = 327.10 Stoploss= 342.25 Target 1 = 281.70 Target 2 = 237.20
Canara bank can give a very strong breakout with the strong buying volume in both day and weekly chart . Buy Canara bank at 300 Target 315 330 340 380 Sl 280
Hello 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 in lower timeframe (5min) and we could see an upside movement. THANK YOU !!!!
This banking stock looks bullish according to price action as we disscused in the past post that 290 will react as a support zone Now strong support is 285-290 Resistance is 342 zone
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...
CANARA BANK Time Frame: 2hr Observation: * Cup and Handle formation * Mean (EMA) Diversion on Hourly time frame * Parallel channel breakout. Resistance/Target: 351 375 399 414 Support: 310 287
Multi year channel pattern, wait for strong close. Keep it watchlist
I will wait for retracement on NSE:CANBK to take buy entry. Best level to take entry will be 293 with stop loss of 273 (-20 Points). Will hold till targets of 314, 329, 345 & 375. Note: This is my personal analysis, only for learning. Thanks.
If this stock take support at 295-300 level and make a good bottom then can expect a good upper side moment bcoz it breaks its strong resistance 295 which is now react as support zone
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...